Gary Siegel

The University of Michigan's preliminary June consumer sentiment index reading was 74.1, compared to the final May 79.3 and the preliminary May 77.8, according to market sources.

Industrial production fell 0.1% in May, while capacity use decreased slightly to 79.0%, the Federal Reserve reported Friday.

The Empire State Manufacturing Survey showed manufacturing activity “expanded slightly” in New York State, the Federal Reserve Bank of New York reported Friday as the general business conditions index plunged to 2.29 in June from 17.09 in May.

The Treasury Department Wednesday auctioned $13 billion of 29-year, 11-month bonds with a 3% coupon at a 2.720% high yield, a price of 105.703794.

The Treasury Department Wednesday auctioned $13 billion of 29-year 11-month bonds with a 3% coupon at a 2.720% high yield, a price of 105.703794.

The Treasury Department said Thursday it will auction $30 billion 91-day bills and $27 billion 182-day discount bills Monday.

The Treasury Department said Thursday it will auction $7 billion 29-year eight-month inflation-indexed notes on Thursday, June 21.

The Treasury Department auctioned $21 billion of nine-year, 11-month notes with a 1.75% coupon at a 1.622% high yield, a price of 101.167093.

The Treasury Department auctioned $21 billion of nine-year 11-month notes with a 1.75% coupon at a 1.622% high yield, a price of 101.167093.

The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 3/8% coupon at a 0.387% yield, a price of 99.964243.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.055% high yield, a price of 99.995722.

The shadow banking system contributed greatly to the economic downturn and needs to be regulated, Federal Reserve Board Governor Daniel Tarullo said Tuesday.

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

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.085% high rate, up from 0.075% the previous week, and the six-months incurred a 0.140% high rate, up from 0.130%.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.085% high rate, up from 0.075% the prior week, and the six-months incurred a 0.140% high rate, up from 0.130% the week before.

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

Participants see GDP growing slightly more than they did six months ago, predicting 2.2% growth through the second quarter of this year and 2.6% in the second half of the year, each 0.1-percentage point better than the previous survey, according to the June Livingston Survey, released by the Federal Reserve Bank of Philadelphia Thursday.

The European strife “poses significant risks” to the United States and the Fed is watching and is ready to act if needed, Federal Reserve Board chairman Ben Bernanke testified to Congress Thursday.

Consumer credit increased by $6.5 billion, or 3.1%, in April to $2.550.9 trillion, the Federal Reserve reported Thursday.

Federal Reserve Bank of Minneapolis President Narayana Kocherlakota today echoed his statements from two earlier speeches, May 10 and May 23, dealing with transparency and calling for the Fed to offer “scenario analyses” to show how monetary policy would react in certain situations.