Gary Siegel

NEW YORK – Sovereign debt problems and state and local finances should be viewed for the possible disruptions they can cause to the national and world economy, rather than being dismissed as inconsequential, Federal Reserve Bank of Boston President & Chief Executive Officer Eric S. Rosengren said Monday.

NEW YORK – New York City business activity improved at the fastest pace in nine months, the Institute for Supply Management-New York’s Report on Business current business conditions index indicated.

The University of Michigan's final February consumer sentiment index reading was 77.5 compared to the preliminary 75.1 and the final January 74.2 reading, according to market sources.

NEW YORK - The University of Michigan's final February consumer sentiment index reading was 77.5, compared to the preliminary 75.1 and the final January 74.2 reading, according to market sources.

Quantitative easing has been an effective tool, but with the economy improving the debate becomes whether to complete it or taper it off, St. Louis Federal Reserve Bank president James Bullard said Thursday.

NEW YORK - The Treasury Department auctioned $29 billion of seven-year notes, with a 2 3/4% coupon, a 2.854% high yield, a price of 99.344326.

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 - Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “matched an all-time survey high in February, and firms expected strong activity in the months ahead. Prices for raw materials continued to rise, and more firms were raising finished goods prices,” according to the bank’s monthly manufacturing survey, released Thursday.

NEW YORK – Quantitative easing has been an effective tool, but with the economy improving the debate become whether to complete it or taper it off, St. Louis Federal Reserve Bank President James Bullard said today.

NEW YORK - The Chicago Fed National Activity Index for January decreased to negative 0.16 from a revised positive 0.18 reading in December, while the three-month moving average (CFNAI-MA3) climbed to negative 0.10 in January, from December’s revised negative 0.14, the Federal Reserve Bank of Chicago reported Thursday.

If the economy continues to strengthen, the Fed's plan to buy $600 billion of longer-term Treasury securities may end early, Federal Reserve Bank of Philadelphia president and chief executive officer Charles Plosser said Wednesday.

NEW YORK – If the economy continues to strengthen, the Fed’s plan to buy $600 billion of longer-term Treasury securities may be ended early, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Wednesday.

NEW YORK - The Treasury Department auctioned $35 billion of five-year notes, with a 2 1/8% coupon, a 2.190% high yield, a price of 99.693745.

NEW YORK - The Treasury Department Wednesday auctioned $40 billion of four-week bills at a 0.120% high yield, a price of 99.990667.

NEW YORK - The Treasury Department Wednesday sold $25 billion 49-day cash management bills, dated Feb. 25, due April 15, at a 0.125% high tender rate.

The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 5/8% coupon at a 0.745% yield and a price of 99.762218.

"Activity in the broad service sector continued to grow in February, despite weaker conditions at retail establishments," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

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

The consumer confidence index gained to 70.4 in February from an upwardly revised 64.8 last month, the Conference Board reported Tuesday.

NEW YORK - The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 5/8% coupon at a 0.745% yield, a price of 99.762218.