Gary Siegel

The Treasury Department said Thursday it will auction $29 billion 91-day bills and $24 billion 182-day discount bills Monday.

The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 1/4% coupon at a 0.354% yield, a price of 99.689924.

The Treasury Department Tuesday auctioned $20 billion of four-week bills at a zero high yield, a price of par.

Newly issued Treasury securities held in stripped form decreased about $1.351 billion in April to a total of $198.855 billion, the Bureau of the Public Debt 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 0.040% high rate, down from 0.050% the prior week, and the six-months incurred a 0.075% high rate, off from 0.080% the week before.

The Treasury Department said Monday it will sell $20 billion of four-week discount bills Tuesday.

The Conference Board's Employment Trends Index (ETI) gained to 111.68 in April from an upwardly revised 111.61 in March, originally reported as 111.20, and is up 3.8% from a year ago, the group announced Monday.

The U.S. services sector expanded at a slightly slower pace in April as the non-manufacturing business activity composite index was 53.1 in the month, compared to 54.4 in March, on a seasonally adjusted basis, the Institute for Supply Management reported Friday.

U.S. inflationary pressures were slightly higher in April, as the U.S. future inflation gauge climbed to 105.4 from a downwardly revised 103.9 in March, originally reported as 104.0, according to data released Friday morning by the Economic Cycle Research Institute.

The Treasury Department said Thursday it will auction $29 billion 91-day bills and $24 billion 182-day discount bills Monday.

New York City business activity expanded in April, as the current business conditions index increased to 58.3 from 51.2 in March, the Institute for Supply Management-New York's Report on Business index, released Thursday, indicated.

The European Central Bank announced its Governing Council cut interest rates 25 basis points on its main refinancing rate at its latest monetary policy meeting Thursday.

The overall economy grew for the forty-seventh straight time, while the manufacturing sector expanded for the fifth month, the Institute for Supply Management reported Wednesday.

The Treasury Department Tuesday auctioned $23 billion of 364-day bills at a 0.105% high yield, a price of 99.893833.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.025% high yield, a price of 99.998056.

Texas service sector activity expanded slower in April, according to business executives responding to the Texas Service Sector Outlook Survey, as the revenue index sank to 6.1 from 15.4.

The consumer confidence index climbed to 68.1 in April from an upwardly revised 61.9 last month, The Conference Board reported Tuesday.

The Chicago Purchasing Managers' Business Barometer fell to 49.0 in April from 52.4 in March, the National Association of Purchasing Management-Chicago said Tuesday.

The seasonally adjusted Milwaukee Report on Business dropped to 48.4 in April from 51.0 in March, the Institute for Supply Management-Milwaukee reported Tuesday.

The employment cost index rose 0.3% in the first quarter, after increasing 0.5% during the fourth quarter, according to a report by the Labor Department's Bureau of Labor Statistics released Tuesday.