Gary Siegel

The Empire State Manufacturing Survey general business conditions index improved to 9.53 in November from 0.61 in November.

Standard & Poor's Ratings Services said it raised its rating on Dakota County Community Development Agency, Minn.'s (Southfork Apartments) multifamily housing mortgage revenue refunding bonds series 2000 to AA-plus from B-plus. The outlook is negative.

The Treasury Department today auctioned $12 billion of four-year four-month inflation-indexed notes with a 0.125% coupon, a negative 0.877% high yield, an adjusted price of 107.098375.

The Treasury Department said it will auction $29 billion seven-year notes on Wednesday, Dec. 21.

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

The Treasury Department said it will auction $35 billion two-year notes on Monday, Dec. 19, and $35 billion five-year notes on Tuesday, Dec. 20.

The region's manufacturing sector expanded in December at a swifter pace than in November, as the general business conditions index climbed to 10.3 from 3.6 in November, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

Industrial production decreased 0.2% in November after an unrevised 0.7% jump in October, while capacity use slid to 77.8% from a revised 78.0% in October, the Federal Reserve reported Thursday.

The Empire State Manufacturing Survey showed “manufacturing activity improved in New York State in December,” the Federal Reserve Bank of New York reported Thursday as the general business conditions index improved to 9.53 in November from 0.61 in November.

The Treasury Department Wednesday auctioned $13 billion of 29-year, 11-month bonds with a 3 1/8% coupon at a 2.925% high yield, a price of 103.966337.

Chief executives’ outlooks haven’t changed much from the third quarter, with expectations for sales a little higher, employment down a bit, and spending flat, according to Business Roundtable’s fourth-quarter CEO Economic Outlook Survey.

The Treasury Department today auctioned $13 billion of 29-year 11-month bonds with a 3 1/8% coupon at a 2.925% high yield, a price of 103.966337.

CEOs’ outlook hasn’t changed much from the third quarter, with expectations for sales a little higher, employment down a bit, and spending flat, according to Business Roundtable’s fourth quarter CEO Economic Outlook Survey.

The Treasury Department auctioned $24 billion of 9-year 11-month notes with a 2% coupon at a 2.020% high yield, a price of 99.819684.

The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.110% high yield, a price of 99.888778.

The Treasury Department today auctioned $35 billion of four-week bills at a zero high yield, a price of par.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.010% high rate, up from 0.005% from the previous week, and the six-months incurred a 0.045% high rate, down from 0.050%.

The Treasury Department Monday auctioned $32 billion of three-year notes with a 1/4% coupon at a 0.352% yield, a price of 99.695876.

The Treasury Department Monday auctioned $32 billion of three-year notes with a 1/4% coupon at a 0.352% yield, a price of 99.695876.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.010% high rate, up from 0.005% the prior week, and the six-months incurred a 0.045% high rate, down from 0.050% the week before.