Gary Siegel

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.005% high yield, a price of 99.999611.

The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.100% high yield, a price of 99.898889.

Acknowledging that the Fed has “pushed short-term interest rates about as low as we can” and no ‘cure-alls for our economic ailments” exist, Federal Reserve Bank of San Francisco President and CEO John C. Williams said the Fed has the tools to tighten monetary policy, if needed, but he fears the economy won’t grow that quickly and could possible need more stimulus.

The Empire State Manufacturing Survey showed “conditions for New York manufacturers held steady in November,” the Federal Reserve Bank of New York reported Tuesday as the general business conditions index improved to positive 0.61 in November from negative 8.48 in October.

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

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.010% high rate, up from 0.005% the previous week, and the six-months incurred a 0.040% high rate, up from 0.035% the week before.

There is a more than 50% chance of a recession next year, according to the Federal Reserve Bank of San Francisco Economic Letter, though the authors warn against “a strict interpretation of this result” since it involves imprecise estimates regarding the possibility of a recession stemming from international events.

There is more than a 50% chance of a recession next year, according to an economist with the Federal Reserve Bank of San Francisco Economic Letter, although the authors warn against “a strict interpretation of this result” since it involves imprecise estimates regarding the possibility of a recession stemming from international events.

NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.010% high rate, up from 0.005% the prior week, and the six-months incurred a 0.040% high rate, up from 0.035% the week before.

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

The University of Michigan's preliminary November consumer sentiment index reading was 64.2, compared to the final October 60.9, and the final September 59.4, according to market sources.

The U.S. economy and financial system remain vulnerable to another asset bubble, and there is "significant risk" of one developing, John C. Williams, president and chief executive of the Federal Reserve Bank of San Francisco, said Friday.

The U.S. economy and financial system remain vulnerable to another asset bubble, and there is “significant risk” of one developing, according to Federal Reserve Bank of San Francisco President and CEO John C. Williams.

The University of Michigan's preliminary November consumer sentiment index reading was 64.2, compared to the final October 60.9, the preliminary October 57.5, and the final September 59.4, according to market sources.

The federal government posted a $98.5 billion budget deficit in October, down from the $140.4 billion deficit last October, but up from September’s $64.6 billion shortage, the Treasury Department reported Thursday.

The Treasury Department today auctioned $16 billion of 30-year bonds with a 3 1/8% coupon at a 3.199% high yield, a price of 98.579514.

The Treasury Department said it will auction $11 billion 9-year 8month inflation-protected notes on Thursday, November 17.

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 $25 billion year bills on Tuesday, November 15.

The Treasury Department Wednesday auctioned $24 billion of 10-year notes with a 2% coupon at a 2.030% high yield and a price of 99.729725.