Gary Siegel

NEW YORK - The Treasury Department said it will auction $35 billion two-year notes on Monday, March 28, and $35 billion five-year notes on Tuesday, March 29.

The too-big-to-fail question remains a “very significant issue” for policymakers, Federal Reserve Bank of Dallas president Richard Fisher said Wednesday.

NEW YORK - The Treasury Department Wednesday sold $5 billion 56-day cash management bills, dated March 24, due May 19, at a 0.055% high tender rate.

“Manufacturing activity in the central Atlantic region expanded for the sixth straight month,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond.

The economy should grow at slightly above 3% a year as the recovery strengthens, and the recent price spike in commodities and energy that are exerting upward pressure on inflation should be transitory, according to Sandra Pianalto, president and chief executive of the Federal Reserve Bank of Cleveland.

NEW YORK - The Treasury Department Tuesday auctioned $40 billion of four-week bills at a 0.075% high yield, a price of 99.994167.

NEW YORK – “Activity in the broad service sector picked up in March, pushed by gains at non-retail firms,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released today, “Retail sales activity remained soft, with continued weakness in big-ticket sales. Shopper traffic flattened and retail inventories dipped compared to a month earlier. In contrast, revenues climbed sharply at non-retail services firms. Overall, survey respondents expected business to strengthen during the next six months.”

NEW YORK – “Manufacturing activity in the central Atlantic region expanded for the sixth straight month,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond. “Looking at the main components of activity, shipments and new orders grew more slowly, while employment growth held steady. Other indicators varied slightly but suggested continued solid activity. District contacts reported that backlogs grew at a slightly slower pace and that increases in capacity utilization and delivery times eased somewhat, while inventories grew at a somewhat higher rate.”

NEW YORK – The economy should grow at slightly above 3% a year as the recovery strengthens, and the recent price spike in commodities and energy that are exerting upward pressure on inflation, should be transitory, according to Sandra Pianalto, president and CEO, of the Federal Reserve Bank of Cleveland.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.095% high rate, up from 0.090% the previous week, and the six-months incurred a 0.150% high rate, up from 0.135%.

The Chicago Fed National Activity Index for February decreased to negative 0.04 from a revised negative 0.01 reading in January, while the three-month moving average climbed to positive 0.11 in February from January’s revised positive 0.05, the Federal Reserve Bank of Chicago reported Monday. Housing and consumption-related indicators once again were weak.

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 0.095% high rate, up from 0.090% the previous week, and the six-months incurred a 0.150% high rate, up from 0.135%.

NEW YORK - The Treasury Department said it will auction $5 billion 56-day cash management bills on Wednesday, March 23.

NEW YORK - The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.

NEW YORK - The Chicago Fed National Activity Index for February decreased to negative 0.04 from a revised negative 0.01 reading in January, while the three-month moving average (CFNAI-MA3) climbed to positive 0.11 in February, from January’s revised positive 0.05, the Federal Reserve Bank of Chicago reported Monday.

The region’s manufacturing sector continued to expand in March, as the general business conditions index jumped to 43.4 from 35.9 in February, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

The composite index of leading economic indicators grew 0.8% in February, the Conference Board reported Thursday.

NEW YORK - The Treasury Department said it will sell $11 billion 9-year 10-month inflation-indexed bonds on Thursday, March 24.

NEW YORK - The Treasury Department said Thursday it will auction $32 billion 91-day bills and $30 billion 182-day discount bills Monday.

NEW YORK – The region's manufacturing sector continued to expand, at a quicker pace in March, as the general business conditions index jumped to 43.4 from 35.9 in February, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.