Gary Siegel

The Treasury Department said Tuesday it will sell $40 billion of four-week discount bills Wednesday.

The overall economy grew for the thirty-ninth straight time, while the manufacturing sector contracted for the third consecutive month, the Institute for Supply Management reported Tuesday.

The Treasury Department auctioned $35 billion of five-year notes, with a 5/8% coupon, a 0.708% high yield, a price of 99.592967.

The Treasury Department Tuesday sold $35 billion 18-day cash management bills, dated Aug. 30, due Sept. 17, at a 0.125% high tender rate.

Pending home sales surged 2.4% to an index reading of 101.7 in July, it highest reading since April 2010, after an unrevised 1.4% decrease to 99.3 in June, according to a report released Wednesday by the National Association of Realtors.

The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 1/4% coupon at a 0.273% yield, a price of 99.954157.

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

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

The consumer confidence index dropped to 60.6 in August from a downwardly revised 65.4 last month, The Conference Board reported Tuesday.

The Midwest Economy Index declined to negative 0.10 in July from a revised positive 0.22 in June, its first below-average growth in nine months, according to the Federal Reserve Bank of Chicago.

Monetary policy cannot solve all the ills of the economy and while further actions could be beneficial, the Fed must be "realistic" about the costs, Federal Reserve Bank of Cleveland President Sandra Pianalto said Monday.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.105% high rate, unchanged from 0.105% the prior week, and the six-months incurred a 0.140% high rate, down from 0.145% the week before.

The Treasury Department said it will auction $35 billion 18-day cash management bills on Wednesday, Aug. 27.

The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.

Texas factory activity, as measured by the production index, slowed in August, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.

The Chicago Fed Midwest Manufacturing Index rose 1.8% in July to a seasonally adjusted level of 95.6, as two of the four regional sectors gained, the Federal Reserve Bank of Chicago reported Monday.

The Treasury Department Thursday auctioned $14 billion of four-year eight-month inflation-indexed notes with a 0.125% coupon, a negative 1.286% high yield, an adjusted price of 107.8500753.

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

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

The Treasury Department said it will auction $35 billion two-year notes on Tuesday, Aug. 28, and $35 billion five-year notes on Wednesday, Aug. 29.