Gary Siegel

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.

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

The Empire State Manufacturing Survey showed "conditions held steady for New York manufacturers," the Federal Reserve Bank of New York reported Tuesday as the general business conditions index dipped to 1.52 in October from 6.29 in September.

Defending the Fed's asset-purchase program, Federal Reserve Bank of Boston President and Chief Executive Officer Eric S. Rosengren Friday noted changes in the 10-year Treasury prices since May and how Fed communications played a role in the changes.

The University of Michigan's preliminary October consumer sentiment index reading was 75.2, compared to the final September 77.5, and the preliminary September 76.8, according to market sources.

The Fed's tapering of asset purchases will not be based on the calendar, only on data, Federal Reserve Bank of San Francisco President and CEO John C. Williams said Thursday.