Gary Siegel

The Treasury Department auctioned $29 billion of seven-year notes, with a 1 1/2% coupon, a 1.580% high yield, a price of 99.471828.

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

Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “continued to expand modestly, and producers remained generally positive about future months,” according to the bank’s monthly manufacturing survey, released Thursday.

The Treasury Department Wednesday auctioned $35 billion of five-year notes, with a 1% coupon, a 1.029% high yield and a price of 99.859020.

The Treasury Department auctioned $35 billion of five-year notes, with a 1% coupon, a 1.029% high yield, a price of 99.859020.

The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 1/8% coupon at a 0.222% yield, a price of 99.806537.

"Manufacturing activity in the central Atlantic region pulled back in August after stalling in July," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond. "The index of overall activity was pushed lower as growth in new orders and shipments declined further into negative territory."

The Treasury Department today auctioned $35 billion of two-year notes with a 1/8% coupon at a 0.222% yield, a price of 99.806537.

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

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

“Service sector activity retreated in August,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday, “Retail sales fell, as shopper traffic declined and big-ticket sales dropped. Retail inventories inched up. Revenues at non-retail services firms also edged higher, compared to July. Retailers had a bleak outlook for sales in the six months ahead, while survey participants at non-retail firms were mildly optimistic about demand for their services.”

“Manufacturing activity in the central Atlantic region pulled back in August after stalling in July,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond. “The index of overall activity was pushed lower as growth in new orders and shipments declined further into negative territory. Employment remained in positive territory but grew at a pace below July's rate. Other indicators also suggested weakening activity.”

Tender rates for the Treasury Department's latest 92-day and 182-day discount bills were lower, as the three-months incurred a 0.015% high rate, down from 0.035% the previous week, and the six-months incurred a 0.045% high rate, off from 0.080%.

The Chicago Fed National Activity Index for July improved to negative 0.06 from a revised negative 0.38 reading in June, while the three-month moving average narrowed to negative 0.29 in July from June's revised negative 0.54, the Federal Reserve Bank of Chicago reported Monday.

Tender rates for the Treasury Department’s latest 92-day and 182-day discount bills were lower, as the three-months incurred a 0.015% high rate, down from 0.035% the prior week, and the six-months incurred a 0.045% high rate, down from 0.080% the week before.

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

The Chicago Fed National Activity Index for July improved to negative 0.06 from a revised negative 0.38 reading in June, while the three-month moving average (CFNAI-MA3) narrowed to negative 0.29 in July, from June’s revised negative 0.54, the Federal Reserve Bank of Chicago reported Monday.

The Federal Open Market Committee was justified in taking the “unprecedented step” of saying it will hold rates down for another two years, according to Federal Reserve Bank of Cleveland president Sandra Pianalto.

The Federal Open Market Committee was justified in taking the “unprecedented step” of saying it will hold rates down for another two years, according to Federal Reserve Bank of Cleveland President Sandra Pianalto.

The Third District’s manufacturing sector “dipped significantly” in August, as the general business conditions index slumped to negative 30.7 from positive 3.2 in July, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates. Economists had predicted a reading of positive 4.0 for the index.