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 0.020% high rate, down from 0.030% the prior week, and the six-months incurred a 0.035% high rate, off from 0.055% the week before.

The Treasury Department said it will auction $35 billion 5-day cash management bills on Tuesday, September 10.

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

Asset price bubbles and crashes will occur in the future, according to Federal Reserve Bank of San Francisco President and CEO John C. Williams, but research may help unlock "their secrets."

The Conference Board's Employment Trends Index gained to 113.54 in August from an upwardly revised 112.80 in July, and is up 4.5% from a year ago, the group announced Monday.

New York City business activity expanded at an above-average pace in August, although off from July's rate, as the current business conditions index slid to 60.5 from 67.8 in July, the Institute for Supply Management-New York's Report on Business index, released Wednesday, indicated.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.030% high rate, down from 0.040% the prior week, and the six-months incurred a 0.055% high rate, off from 0.065% the week before.

The Treasury Department said it will auction $30 billion 11-day cash management bills on Wednesday, September 4.

The Treasury Department said Tuesday it will sell $50 billion of four-week discount bills Wednesday.

The overall economy grew for the fiftieth-first straight time, while the manufacturing sector expanded for the third consecutive month, the Institute for Supply Management reported Tuesday.

The University of Michigan's final August consumer sentiment index reading was 82.1, compared to the preliminary August 80.0, and the final July 85.1, according to market sources.

The Chicago Purchasing Managers' Business Barometer gained to 53.0 in August from 52.3 in July, the National Association of Purchasing Management-Chicago said Friday.

The Treasury Department auctioned $29 billion of seven-year notes, with a 2 1/8% coupon, a 2.221% high yield, a price of 99.381289.

The Treasury Department said Thursday it will auction $30 billion 91-day bills and $25 billion 182-day discount bills Tuesday.

The Midwest Economy Index surged to positive 0.25 in July from a revised negative 0.11 in June, first reported as negative 0.13, the Federal Reserve Bank of Chicago reported Thursday.

The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/2% coupon, a 1.624% high yield, a price of 99.407655.

Pending home sales fell 1.3% to an index reading of 109.5 in July, after an unrevised 0.4% decline to 110.9 in June, according to a report released Wednesday by the National Association of Realtors.

The Treasury Department Tuesday auctioned $34 billion of two-year notes with a 3/8% coupon at a 0.386% yield, a price of 99.978190.

The Treasury Department Tuesday sold $25 billion 14-day cash management bills, dated Aug. 29, due Sept. 12, at a 0.035% high tender rate.

The Treasury Department Tuesday auctioned $50 billion of four-week bills at a 0.040% high yield, a price of 99.996889.