Gary Siegel

The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "expanded at a slower pace with solid expectations for future activity" in June, according to the bank's monthly manufacturing survey, released Thursday.

The Leading Economic Index was up 0.3% in May following a revised 0.2% increase in April, first reported as a 0.3% gain, the Conference Board reported Thursday.

Existing home sales gained 1.1% to a seasonally adjusted 5.62 million-unit rate in May from a revised 2.5% decline to a 5.56 million sales pace the previous month, the National Association of Realtors announced Wednesday.

The Treasury Department Tuesday auctioned $20 billion of 364-day bills at a 1.215% high yield, a price of 98.771500.

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.850% high yield, a price of 99.933889.

While he would prefer if Congress raised Treasury's borrowing limit before its August break, Treasury Secretary Steven Mnuchin said in a televised interview, even if a deal is not reached, the government will be "fine" until they return in September.

The region's non-manufacturing sector “continued to expand,” at a faster pace, as the general business conditions index increased to 33.6 in June from 25.6 in May, this month's Federal Reserve Bank of Philadelphia Report on Business, released Tuesday, indicates.

Low interest rates raise issues about financial stability and policymakers must take heed, Federal Reserve Bank of Boston President Eric Rosengren said Tuesday.

The equilibrium real interest rate is just above zero, Federal Reserve Bank of San Francisco researchers wrote in an Economic Letter released Monday.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 1.010% high rate, up from 0.990% the prior week, and the six-months incurred a 1.120% high rate, up from 1.100% the week before.

The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.

The Federal Reserve Board said it raised the discount rate to 1.75% from 1.5%, effective immediately.

The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.

Builders’ confidence in the market for new single-family homes slipped as the National Association of Home Builders' housing market index fell to 67 in June from a downwardly revised 69 in May.

Industrial production was flat in May, the Federal Reserve reported Thursday.

The region's manufacturing sector expanded in June, but at a slower pace than in May, as the general business conditions index decreased to 27.6 from 38.8 in May, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

The Empire State Manufacturing Survey showed "business activity rebounded strongly in New York State," the Federal Reserve Bank of New York reported Thursday.

Federal Reserve Board Chair Janet Yellen said she has had no conversations with President Trump about her future as Fed chair.

The Federal Open Market Committee voted to raise the fed funds rate target 25 basis points to between 1% and 1.25%.