The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.
The 91s settle May 18, and are due Aug. 17, and the 182s settle May 18, and are due Nov. 16.
Currently, there are $48 billion 91-days outstanding and no 182s.
Treasury also said it will auction $11 billion 9-year 8-month inflation-protected notes on May 18.
The notes are due Jan. 15, 2027.
Between two state measures and one regional, California starts with $40 billion of GO bonds on the November ballot, before any other local measures are tallied.
"The forces of municipal fundamental and technical measures are setting up a reconciliation against higher UST yields," said Kim Olsan, senior vice president of municipal bond trading at FHN Financial.
The environmental clearance marks a regulatory milestone, but major funding shortfalls remain.
July will see $35.2 billion of redemptions, down 13% month-over-month but still 35% higher than 2024's monthly average of $27 billion, said Pat Luby, head of municipal strategy at CreditSights.
After the west abutment on the Rapidan Dam partially failed last week, it's up to the Blue Earth County board of commissioners to pursue repair or removal.
The Contra Costa County Office of Education gave West Contra Costa Unified School District until July 17 to pass a budget, or have the county office step in.
