Gary Siegel

The Treasury Department said Monday it will sell $30 billion of four-week discount bills Tuesday.

Builders' confidence in the market for new single-family homes soared as the National Association of Home Builders' housing market index rose to 52 in June from 44 in May.

The Empire State Manufacturing Survey showed "conditions for New York manufacturers improved modestly," the Federal Reserve Bank of New York reported Monday as the general business conditions index rose to positive 7.84 in June from negative 1.43 in May.

The University of Michigan's preliminary June consumer sentiment index reading was 82.7, compared to the final May 84.5, and the preliminary May 83.7, according to market sources.

Industrial production was flat in May after a revised 0.4% slip in April, first reported as a 0.5% decrease, while capacity utilization edged down to 77.6% from a revised 77.7% April, first reported as 77.8%, the Federal Reserve reported Friday.

The Treasury Department Thursday auctioned $13 billion of 29-year 11-month bonds with a 2 7/8% coupon at a 3.355% high yield, a price of 90.978135.

The Treasury Department said Thursday it will auction $7 billion 29-year 8-month inflation-indexed notes on Thursday, June 20.

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

The Treasury Department auctioned $21 billion of 9-year 11-month notes with a 1 3/4% coupon at a 2.209% high yield, a price of 95.933134.

CEO expectations for the next half year improved, according to the Business Roundtable CEO Economic Outlook Survey Index, which rose to 84.3 in the second quarter from 81.0 in the first quarter.

The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 1/2% coupon at a 0.581% yield, a price of 99.759878.

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.040% high yield, a price of 99.996889.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were flat, as the three-months incurred a 0.045% high rate, unchanged from 0.045% the prior week, and the six-months incurred a 0.080% high rate, unchanged from 0.080% the week before.

The Treasury Department said Monday it will sell $30 billion of four-week discount bills Tuesday.

The Conference Board's Employment Trends Index (ETI) gained to 111.76 in May from a downwardly revised 111.11 in April, originally reported as 111.68, and is up 3.0% from a year ago, the group announced Monday.

Inflation remains below target, economic growth has been slow but steady, and labor markets are improving, and there's been "limited financial market excess," so the Fed can stick to its asset purchase plans, Federal Reserve Bank of St. Louis President James Bullard said Monday.

Consumer credit increased by $11.1 billion, or 4.7%, in April to $2.820 trillion, the Federal Reserve reported Friday.

U.S. inflationary pressures were slightly lower in May, as the U.S. future inflation gauge slipped to 103.9 from an upwardly revised 105.5 in April, originally reported as 105.4, according to data released Friday morning by the Economic Cycle Research Institute.

Newly issued Treasury securities held in stripped form increased about $4.369 billion in May to a total of $203.224 billion, the Bureau of the Public Debt reported Thursday.

Current attempts to solve the too big to fail problem "may not be sufficient," according to Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser, who suggests "a simpler approach to capital requirements and a more rule-like resolution process."