Gary Siegel

The Conference Board's Employment Trends Index (ETI) gained to 114.78 in September from an upwardly revised 113.98 in August, initially reported as 113.54, and is up 4.5% from a year ago, the group announced Wednesday.

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.030% high yield, a price of 99.997667.

Service sector activity "grew modestly in October," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "remained weak in October," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index crept to 1 from zero in September.

Non-farm payrolls rose by 148,000 in September and the unemployment rate dipped to 7.2% from 7.3% in in August, the Bureau of Labor Statistics reported Tuesday.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.035% high rate, down from 0.130% the prior week, and the six-months incurred a 0.070% high rate, off from 0.150% the week before.

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

Steps taken by the Federal Reserve since the financial crisis began five years ago, including a "reoriented" supervisory position can decrease the chances of a future crisis, and rate hikes should not be used to address financial risks, Federal Reserve Bank of Chicago President and Chief Executive Officer Charles L. Evans said Friday.

Now is not the time to remove accommodation and policy should remain as is for "some time to come," and it may take a 6% unemployment rate before the federal funds rate target is raised, Federal Reserve Bank of Chicago President and Chief Executive Officer Charles L. Evans said Thursday.

The Treasury Department said Thursday it will auction $35 billion 91-day bills and $30 billion 182-day discount bills Monday.

The Treasury Department said it will auction $7 billion 29-year, 4-month inflation-indexed notes on Oct. 24.

The region's manufacturing sector expanded at a slower pace in October, as the general business conditions index slipped to 19.8 from 22.3 in September, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Economic activity continued expanding at a "modest to moderate pace," according to the latest Beige Book report, released by the Federal Reserve Wednesday.

The Treasury Department Wednesday sold $26 billion 189-day cash management bills, dated Oct. 17, due April 24, 2014, at a 0.135% high tender rate.

The Treasury Department Tuesday auctioned $22 billion of 364-day bills at a 0.160% high yield, a price of 99.838222.

The Treasury Department Wednesday auctioned $20 billion of four-week bills at a 0.240% high yield, a price of 99.981333.

Builders' confidence in the market for new single-family homes slipped as the National Association of Home Builders' housing market index dipped to 55 in October from a downwardly revised 56 in September, originally reported as 58.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.130% high rate, up from 0.035% the prior week, and the six-months incurred a 0.150% high rate, up from 0.060% the week before.

The Treasury Department said it will auction $26 billion 189-day cash management bills on Wednesday, October 16.

The Treasury Department said Tuesday it will sell $20 billion of four-week discount bills Wednesday.