Gary Siegel

The Institute for Supply Management manufacturing index for December was revised down to 50.2 from 50.7, while the November index was raised to 49.9 from 49.5.

Pending home sales fell 4.3% to an index reading of 101.7 in December, after a downwardly revised 1.6% increase to 106.3 in November, according to a report released Monday by the National Association of Realtors.

New orders for manufactured durable goods rose 4.6% to $230.7 billion in November, the Commerce Department reported Friday.

The Chicago Fed Midwest Manufacturing Index climbed 0.7% in December to a seasonally adjusted level of 94.7, as two of the four regional sectors improved, the Federal Reserve Bank of Chicago reported Monday.

The Treasury Department sold $15 billion of inflation-indexed 10-year TIPs at a negative 0.630% yield, an adjusted price of 107.505925, with a 1/8% coupon.

The Treasury Department said it will auction $29 billion seven-year notes on Wednesday, Jan. 30.

The Treasury Department said Thursday it will auction $32 billion 91-day bills and $28 billion 182-day discount bills Monday.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region " contracted modestly again in January, but factories' production expectations remained relatively optimistic for the months ahead," according to the bank's monthly manufacturing survey, released Thursday.

The composite index of Leading Economic Indicators rose 0.5% in December following a revised unchanged level in November, originally reported as a 0.2% decrease, the Conference Board reported Thursday.

The Treasury Department Wednesday auctioned $30 billion of four-week bills at a 0.060% high yield, a price of 99.995333.

The Chicago Purchasing Managers' Business Barometer was revised to 48.9 in December, the National Association of Purchasing Management-Chicago said Wednesday.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.075% high rate, unchanged from 0.075% the prior week, and the six-months incurred a 0.095% high rate, down from 0.105% the week before.

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

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

Manufacturing activity in the central Atlantic region "declined in January following two months of modest expansion," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index dipped to negative 12 from positive 5 in December.

The Chicago Fed National Activity Index for December dropped to positive 0.02 from a revised positive 0.27 reading in November, while the three-month moving average (CFNAI-MA3) rose to negative 0.11 from a revised negative 0.13 in November, the Federal Reserve Bank of Chicago reported Tuesday.

The University of Michigan's preliminary January consumer sentiment index reading was 71.3, compared to the final December 72.9, reading, the preliminary December 74.5, and the final November 82.7, according to market sources.

The Treasury Department said it will auction $15 billion 10-year inflation-protected notes on Thursday, Jan. 24.

The Treasury Department said Thursday it will auction $32 billion 91-day bills and $28 billion 182-day discount bills Tuesday.

The region's manufacturing sector contracted in January, as the general business conditions index slipped to negative 5.8 from positive 4.6 in December, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.