Gary Siegel

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."

The Treasury Department said it will auction $13 billion 29-year, 11-month bonds on June 13.

The Treasury Department said it will auction $32 billion three-year notes on June 11.

The Treasury Department said it will auction $21 billion 9-year, 11-month notes on June 12.

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

The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.

Economic activity grew "at a modest to moderate pace" across the nation although the Dallas Federal Reserve District "reported strong economic growth," according to the Fed's Beige Book, released Wednesday.

About 4,827,600 online job postings appeared on leading Internet job boards in May, a decrease of 150,200 from April, the Conference Board reported Wednesday.

The U.S. services sector expanded at a slightly faster pace in May as the non-manufacturing business activity composite index was 53.7 in the month, compared to 53.1 in April, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.

Non-farm productivity rose 0.5% in the first quarter, while unit labor costs dropped 4.3%, according to final data released by the Bureau of Labor Statistics Wednesday.

It is "appropriate" for the Fed to cut down on its asset purchases, according to Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther L. George.