Gary Siegel

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.020% high yield, a price of 99.998444.

Builders' confidence in the market for new single-family homes soared as the National Association of Home Builders' housing market index rose to 57 in July from a revised 51 in June.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.040% high rate, down from 0.045% the prior week, and the six-months incurred a 0.070% high rate, off from 0.075% the week before.

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

The Empire State Manufacturing Survey showed "conditions for New York manufacturers continued to improve modestly," the Federal Reserve Bank of New York reported Monday as the general business conditions index rose to 9.46 in July from 7.84 in June.

Recent gains in Treasury yields may be based on greater optimism about the economic future, but Federal Reserve Bank of St. Louis President James Bullard warned forecasters have been wrong.

With a forecast more optimistic than that of the Federal Open Market Committee, Federal Reserve Bank of Philadelphia President Charles Plosser said asset purchases should end before the unemployment rate falls to 6.5%.

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

The Treasury Department Thursday auctioned $13 billion of 29-year 10-month bonds with a 2 7/8% coupon at a 3.660% high yield, a price of 85.814558.

The Treasury Department said it will auction $15 billion 10-year inflation-protected notes on Thursday, July 18.

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

Federal Reserve Board Governor Elizabeth A. Duke said she will resign from the post effective August 31, 2013.

Asset purchase reductions are now appropriate, or would soon be, as a result of sustained job market improvements, some Federal Open Market Committee members believe, while others feel a decrease would limit flexibility, according to the minutes of the FOMC's June meeting, released Wednesday.

The Treasury Department auctioned $21 billion of 9-year 10-month notes with a 1 3/4% coupon at a 2.670% high yield, a price of 92.085831.

The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 5/8% coupon at a 0.719% yield, a price of 99.721515.

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.025% high yield, a price of 99.998056.

The Conference Board's Employment Trends Index (ETI) gained to 111.64 in June from a downwardly revised 111.59 in May, originally reported as 111.76, and is up 3.8% from a year ago, the group announced Tuesday.

Consumer credit increased by $19.6 billion, or 8.3%, in May to $2.839 trillion, the Federal Reserve reported Monday.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.045% high rate, down from 0.050% the prior week, and the six-months incurred a 0.075% high rate, off from 0.085% the week before.

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