Gary Siegel

Construction spending climbed 0.4% to a seasonally adjusted estimated annual rate of $842.1 billion in May, the Commerce Department reported Wednesday.

The Treasury Department said it would sell $72 billion in its quarterly refunding to raise $17.8 billion in new cash.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.075% high yield, a price of 99.994167.

The consumer confidence index gained to 65.9 in July from an upwardly revised 62.7 last month, The Conference Board reported Tuesday.

The Chicago Purchasing Managers' Business Barometer rose to 53.7 in July from 52.9 in June, the National Association of Purchasing Management-Chicago said Tuesday.

The seasonally adjusted Milwaukee Report on Business slumped to 46.73 in July from 60.22 in June, according to the Institute for Supply Management-Milwaukee.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.110% high rate, up from 0.095% the prior week, and the six-months incurred a 0.145% high rate, up from 0.140% the week before.

The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.

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

The Chicago Fed Midwest Manufacturing Index rose 1.1% in June to a seasonally adjusted level of 94.1, as all four regional sectors gained, the Federal Reserve Bank of Chicago reported Monday.

The Midwest Economy Index declined to 0.21 in June from 0.53 in May, its eighth straight month above its historical trend, according to the Federal Reserve Bank of Chicago.

The University of Michigan's final July consumer sentiment index reading was 72.3, compared to the preliminary July 72.0, and the final June 73.2 reading, according to market sources.

The Treasury Department auctioned $29 billion of seven-year notes, with a 7/8% coupon, a 0.954% high yield, a price of 99.466290.

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 "remained modest, and producers were slightly more optimistic than a month ago," according to the bank's monthly manufacturing survey, released Thursday.

Pending home sales declined 1.4% to an index reading of 99.3 in June after a revised 1.2% increase to 100.7 in May, according to a report released Thursday by the National Association of Realtors.

The Treasury Department auctioned $35 billion of five-year notes, with a 1/2% coupon, a 0.584% high yield, a price of 99.586667.

The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 1/8% coupon at a 0.220% yield, a price of 99.810521.

The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.175% high yield, a price of 99.823056.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.080% high yield, a price of 99.993778.