Gary Siegel

The consumer confidence index declined to 80.3 in July from a revised 82.1 last month, The Conference Board reported Tuesday.

The Treasury Department said it expects to borrow $209 billion in the third quarter.

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 0.035% the prior week, and the six-months incurred a 0.065% high rate, off from 0.070% the week before.

The Treasury Department said Monday it will sell $45 billion of four-week discount bills Tuesday.

Texas factory activity, as measured by the production index, "continued to expand in July," according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Pending home sales dipped 0.4% to an index reading of 110.9 in June, after a downwardly revised 5.8% rise to 111.3 in May, first reported as a 6.7% increase to 112.3, according to a report released Monday by the National Association of Realtors.

The Chicago Fed Midwest Manufacturing Index increased 0.4% in June to a seasonally adjusted level of 96.0, as all four regional sectors gained, the Federal Reserve Bank of Chicago reported Monday.

The Midwest Economy Index narrowed to negative 0.13 in June from a revised negative 0.16 in May, first reported as negative 0.18, the Federal Reserve Bank of Chicago reported Monday.

The University of Michigan's final July consumer sentiment index reading was 85.1, compared to the preliminary July 83.9, the final June 84.1 and the preliminary June 82.7, according to market sources.

The Treasury Department auctioned $29 billion of seven-year notes, with a 2% coupon, a 2.026% high yield, a price of 99.831111.

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

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "rose moderately, although producers' expectations for future activity eased somewhat," according to the bank's monthly manufacturing survey, released Thursday.

The Treasury Department auctioned $35 billion of five-year notes, with a 1 3/8% coupon, a 1.410% high yield, a price of 99.831599.

The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 1/4% coupon at a 0.336% yield, a price of 99.828720.

The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.115% high yield, a price of 99.883722.

The Treasury Department Tuesday auctioned $40 billion of four-week bills at a 0.020% high yield, a price of 99.998444.

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

Manufacturing activity in the central Atlantic region "declined in July," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index slumped to negative 11 from positive 7 in June.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.035% high rate, down from 0.040% the prior week, and the six-months incurred a 0.070% high rate, unchanged from 0.070% the week before.

The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.