Gary Siegel

Builders’ confidence in the market for new single-family homes declined as the National Association of Home Builders’ housing market index surged to 29 in April from 25 in April.

The Empire State Manufacturing Survey showed manufacturing activity “expanded” in New York State, the Federal Reserve Bank of New York said Tuesday, as the general business conditions index rose to 17.09 in May from 6.56 in April.

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

Builders’ confidence in the market for new single-family homes declined as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – surged to 29 in April from 25 in April.

The Empire State Manufacturing Survey showed manufacturing activity “expanded” in New York State, the Federal Reserve Bank of New York reported Tuesday as the general business conditions index spiked to 17.09 in May from 6.56 in April.

The Treasury Department said Monday it will sell $30 billion of four-week discount bills Tuesday. There are currently $60.000 billion of four-week bills outstanding.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.095% high rate, up from 0.090% the prior week, and the six-months incurred a 0.145% high rate, unchanged from 0.145%.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.095% high rate, up from 0.090% the prior week, and the six-months incurred a 0.145% high rate, unchanged from 0.145% the week before.

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

The University of Michigan’s preliminary May consumer sentiment index reading was 77.8, up from the final April 76.4, the preliminary April 75.8 and the final March 76.2, according to market sources.

Almost three out of four professional forecasters expect inflation to be near the Federal Open Market Committee’s 2% target, according to the Survey of Professional Forecasters released by the Federal Reserve Bank of Philadelphia Friday.

Almost three out of four professional forecasters surveyed expect inflation to be near the 2% the Federal Open Market Committee targets, according to the Survey of Professional Forecasters, released by the Federal Reserve Bank of Philadelphia Friday.

The University of Michigan's preliminary May consumer sentiment index reading was 77.8, compared to the final April 76.4, the preliminary April 75.8, and the final March 76.2, according to market sources.

The labor markets are closer to full employment than data suggest, Federal Reserve Bank of Minneapolis president Narayana Kocherlakota told the Economic Club of Minnesota Thursday.

The labor markets are closer to full employment than data suggest, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said Thursday.

The Treasury Department Wednesday auctioned $16 billion of 30-year bonds with a 3% coupon at a 3.090% high yield, a price of 98.248216.

The Treasury Department said it will auction $13 billion 9-year 8-month 1/8% inflation-protected notes on Thursday, May 17.

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

The Treasury Department Wednesday auctioned $24 billion of 10-year notes with a 1.75% coupon at a 1.855% high yield, a price of 99.045657.

While much is made about differing opinions of Federal Open market Committee members, the five-paragraph statement describing its long-run framework that the panel released in January shows that the FOMC has common goals, Federal Reserve Bank of Minneapolis president Narayana Kocherlakota said Wednesday.