Gary Siegel

The national economy picked up in the fourth quarter of 2010 despite a slowdown in the Northeast, which had been outpacing the nation, and “we believe that conditions are in place for such higher growth in 2011 and 2012,” according to Federal Reserve Bank of New York president and chief executive officer William C. Dudley.

NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.130% high rate, down from 0.150% the prior week, and the six-months incurred a 0.165% high rate, down from 0.175% the week before.

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

NEW YORK – The national economy picked up in the fourth quarter of 2010 despite a slowdown in the Northeast, which had been outpacing the nation, and “we believe that conditions are in place for such higher growth in 2011 and 2012,” according to Federal Reserve Bank of New York President and Chief Executive Officer William C. Dudley.

Stronger economic growth lies ahead, as 43 professional forecasters surveyed by the Federal Reserve Bank of Philadelphia revised most of their projections for gross domestic product growth upward.

The University of Michigan’s preliminary February consumer sentiment index reading was 75.1, compared to the final January 74.2 reading, the preliminary January 72.7 reading, and the December 74.5 reading, according to market sources.

NEW YORK – Stronger economic growth lies ahead, as the 43 professional forecasters surveyed by the Federal Reserve Bank of Philadelphia, revised up most of their projections for GDP growth.

NEW YORK - The University of Michigan's preliminary February consumer sentiment index reading was 75.1, compared to the final January 74.2 reading, the preliminary January 72.7 and the December 74.5 reading, according to market sources.

Federal Reserve Board governor Kevin Warsh said Thursday he will resign from the Fed on or around March 31.

NEW YORK - The Treasury Department Thursday auctioned $16 billion of 30-year bonds with a 4 3/4% coupon at a 4.750% high yield, a price of par.

NEW YORK – Federal Reserve Board Governor Kevin Warsh said Thursday he will resign from the Fed on or around March 31.

NEW YORK - The Treasury Department said Thursday it will auction $9 billion 30-year inflation-indexed notes on Thursday, Feb. 17.

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

With 30-year mortgage rates rising by about a third of a percentage point, mortgage application volume dropped 5.5% in the week ended Feb. 4, according to the Mortgage Bankers Association’s weekly mortgage applications survey, released Wednesday.

The Treasury Department Wednesday auctioned $24 billion of 10-year notes with a 3 5/8% coupon at a 3.665% high yield and a price of 99.667623.

Despite recent improvement in the economy, the jobs picture has been slow to improve, Federal Reserve Board chairman Ben Bernanke said Wednesday, adding that the federal budget deficit also needs to be addressed.

NEW YORK - The Treasury Department auctioned $24 billion of 10-year notes with a 3 5/8% coupon at a 3.665% high yield, a price of 99.667623.

NEW YORK – Despite recent improvement in the economy, the jobs picture has been slow to improve, Federal Reserve Board Chairman Ben S. Bernanke said today, adding that the federal budget deficit needs to be addressed.

U.S. inflationary pressures were higher in January, as the future inflation gauge grew to 101.6 from a revised 100.5 in December, according to data released Friday by the Economic Cycle Research Institute.

NEW YORK – Newly issued Treasury securities held in stripped form increased about $3.484 billion in January to a total of $200.899 billion, the Bureau of the Public Debt reported this afternoon.