Gary Siegel

The Treasury Department Thursday auctioned $16 billion of 30-year bonds with a 2 3/4% coupon at a 2.820% high yield, a price of 98.589255.

The Treasury Department said it will auction $25 billion year bills on Nov. 14.

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

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

The Treasury Department auctioned $24 billion of 10-year notes with a 1 5/8% coupon at a 1.675% high yield, a price of 99.541393.

The Treasury Department Wednesday sold $25 billion 42-day cash management bills, dated Nov. 8, due Dec. 20, at a 0.125% high tender rate.

San Diego Unified School District voters appear to have approved the $2.8 billion bond vote, with yes votes at 60%, with about 93% of the vote counted.

The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 3/8% coupon at a 0.392% yield, a price of 99.949348.

The Treasury Department Wednesday auctioned $40 billion of four-week bills at a 0.120% high yield, a price of 99.990667.

New York City business activity contracted at its fastest pace in a year in October as the current business conditions index fell to 45.9 from 52.0 in September, the Institute for Supply Management-New York’s Report on Business index, released Tuesday, indicated.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.105% high rate, down from 0.125% the prior week, and the six-months incurred a 0.150% high rate, off from 0.160% the week before.

The Treasury Department said it will auction $25 billion 42-day cash management bills on Wednesday, Nov. 7.

The U.S. services sector expanded at a slightly slower pace in October as the non-manufacturing business activity composite index was 54.2 in the month, compared to 55.1 in September, on a seasonally adjusted basis, the Institute for Supply Management reported Monday.

The Conference Board's Employment Trends Index crept up 0.50% to 108.16 in October from a downwardly revised 107.63 in September, originally reported as 107.86, and is up 4.6% from a year ago, the group announced Monday.

While Fed action won't instantly fix the economy, it helps speed recovery and is "the best course" toward the Fed's dual mandate, Federal Reserve Bank of San Francisco President and CEO John Williams said Friday.

U.S. inflationary pressures were slightly lower in October, as the U.S. future inflation gauge slipped to 103.5 from an upwardly revised 103.6 in September, originally reported as 103.4, according to data released Friday morning by the Economic Cycle Research Institute.

The Fed should keep making asset purchases, its third round of quantitative easing, until the jobless rate falls to 7.25%, if market conditions signal "substantial improvement," Federal Reserve Bank of Boston President Eric Rosengren said Thursday.

It may be difficult to define the substantial improvement the Federal Open Market Committee wants to see in labor markets before it reduces accommodation, according to Federal Reserve Bank of Atlanta President Dennis Lockhart.

Construction spending grew 0.6% to a seasonally adjusted estimated annual rate of $851.6 billion in September, the Commerce Department reported Thursday.

The overall economy grew for the forty-first straight time, while the manufacturing sector expanded for the second consecutive month, the Institute for Supply Management reported Thursday.