Gary Siegel

Texas factory activity, as measured by the production index, “continued to expand in November.”

The Treasury Department said Wednesday it will auction $42 billion 91-day bills and $36 billion 182-day discount bills Monday.

The University of Michigan's final November consumer sentiment index reading was 98.5, compared to the preliminary November 97.8 and the final October 100.7, according to market sources.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 1.130% high yield, a price of 99.915250.

Existing home sales grew 2.0% to a seasonally adjusted 5.48 million-unit rate in October from a revised 5.37 million sales pace the previous month.

The region's non-manufacturing sector “continued to expand, but with a slowing in the pace of growth.”

The Chicago Fed National Activity Index for October increased to 0.65 from 0.36 in September, while the three-month moving average (CFNAI-MA3) rose to 0.28 from 0.01, the Federal Reserve Bank of Chicago reported Tuesday.

Federal Reserve Board Chair Janet Yellen will resign as a member of the Fed’s Board of Governors when Jerome Powell is sworn in as chair, the Fed announced Monday.

Falling Treasury yields despite Federal Reserve short-term rate hikes have caused "conundrum" like that seen in 2004-2005, according to a Federal Reserve Bank of San Francisco, but unlike the earlier occasion, economists may understand it better this time.

Tender rates for the Treasury Department's latest 90-day and 181-day discount bills were higher on Monday, as the three-months incurred a 1.285% high rate, up from 1.240% the prior week, and the six-months incurred a 1.415% high rate, up from 1.360% the week before.