Gary Siegel

“Manufacturing activity in the central Atlantic region advanced somewhat faster in January after firming somewhat in December,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond. “All broad indicators — shipments, new orders and employment — landed in positive territory, with manufacturers noting their first increase in worker numbers since September 2011.”

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.040% high rate, up from 0.025% the previous week, and the six-months incurred a 0.070% high rate, up from 0.060%.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.040% high rate, up from 0.025% the prior week, and the six-months incurred a 0.070% high rate, up from 0.060% the week before.

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

Much attention will be paid to the Jan. 24-25 Federal Open Market Committee meeting, as, for the first time, members will express their predictions regarding the future federal funds rate target.

Much attention will be paid to the Jan. 24-25 Federal Open Market Committee meeting as for the first time members will express their predictions regarding the future federal funds rate target.

The region’s manufacturing showed moderate expansion in January, as the general business conditions index climbed to 7.3 from 6.8 in December, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

The Treasury Department sold $15 billion of inflation-indexed 10-year TIPs at a negative 0.046% yield, an adjusted price of 101.661834, with a 1/8% coupon.

The Treasury Department said it will auction $29 billion seven-year notes on Thursday, Jan. 26.

The Treasury Department said it will auction $35 billion two-year notes on Tuesday, Jan. 24, and $35 billion five-year notes on Wednesday, Jan. 25.

The Treasury Department said Thursday it will auction $29 billion 91-day bills and $27 billion 182-day discount bills Monday.

The region's manufacturing sector expanded in January at a swifter pace than in December, as the general business conditions index climbed to 7.3 from 6.8 in December, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

The Treasury Department Wednesday auctioned $30 billion of four-week bills at a 0.015% high yield and a price of 99.998833. The coupon equivalent was 0.015%. The bid-to-cover ratio was 4.66. Tenders at the high rate were allotted 37.43%.

Builders’ confidence in the market for new single-family homes improved but remained low as the National Association of Home Builders’ housing market index — a monthly gauge of builder sentiment — rose to 25 in January, its highest level since June 2007, from 21 in December.

The Treasury Department Wednesday auctioned $30 billion of four-week bills at a 0.015% high yield, a price of 99.998833.

Builders’ confidence in the market for new single-family homes improved but remained quite low as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – gained to 25 in January, its highest level since June 2007, from 21 in December.

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

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.025% high rate, up from 0.010% the previous week, and the six-months incurred a 0.060% high rate, up from 0.050%.

The Empire State Manufacturing Survey showed “manufacturing activity expanded in New York State in January,” the Federal Reserve Bank of New York reported Tuesday, as the general business conditions index improved to 13.48 in January from 8.19 in December.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.025% high rate, up from 0.010% the prior week, and the six-months incurred a 0.060% high rate, up from 0.050% the week before.