Gary Siegel

Although he’s “cautious” about the need for more monetary action since “we do not yet have enough information to conclude the economy won't resume a healthier pace of growth,” but the Fed has the tools, if needed, to ease policy, Federal Reserve Bank of Atlanta President Dennis Lockhart said Monday.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.035% high rate, down from 0.045% the prior week, and the six-months incurred a 0.080% high rate, up from 0.065% the week before.

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

Builders’ confidence in the market for new single-family homes held at its low level as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – remained at 15 in August.

The Empire State Manufacturing Survey showed “conditions for New York manufacturers continued to worsen,” the Federal Reserve Bank of New York reported Monday, as the general business conditions index declined to negative 7.72 in August from negative 3.76 in July, the Fed reported.

Third-quarter gross domestic product will show 2.2% growth and for the entire year GDP will be up 1.7%, according to the estimates by 37 forecasters surveyed by the Federal Reserve Bank of Philadelphia for its third-quarter survey of professional forecasters, released Friday.

Monetary policy did not need to become more accommodative at the last meeting of the Federal Open Market Committee, according to Federal Reserve Bank of Minneapolis president Narayana Kocherlakota, so he dissented, according to a statement released Friday.

The University of Michigan’s preliminary August consumer sentiment index reading was 54.9, compared to the final July 63.7, preliminary July 63.8, and the final June 71.5, according to market sources.

Third-quarter gross domestic product will show 2.2% growth and for the entire year GDP will be up 1.7%, according to the estimates by 37 forecasters surveyed by the Federal Reserve Bank of Philadelphia for its third-quarter survey of professional forecasters, released Friday.

The University of Michigan's preliminary August consumer sentiment index reading was 54.9, compared to the final July 63.7, preliminary July 63.8, and the final June 71.5, according to market sources.

Monetary policy did not need to become more accommodative at the last meeting of the Federal Open Market Committee, according to Federal Reserve Bank of Minneapolis President Narayana Kocherlakota, so he dissented, according to a statement released Friday.

The Treasury Department today auctioned $16 billion of 30-year bonds with a 3 3/4% coupon at a 3.750% high yield, a price of 100.000000.

The Treasury Department today auctioned $16 billion of 30-year bonds with a 3 3/4% coupon at a 3.750% high yield, a price of 100.000000.

The Treasury Department said it will auction $12 billion four-year eight-month inflation-indexed bonds on Thursday, August 18.

The Treasury Department said Thursday it will auction $29 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 2 1/8% coupon at a 2.140% high yield, a price of 99.865607.

The Treasury Department auctioned $24 billion of 10-year notes with a 2 1/8% coupon at a 2.140% high yield, a price of 99.865607.

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.035% high yield, a price of 99.997278.

The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 1/2% coupon at a 0.500% yield, a price of par.

NEW YORK - The Treasury Department today auctioned $32 billion of three-year notes with a 1/2% coupon at a 0.500% yield, a price of par.