Gary Siegel

NEW YORK - The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.155% high yield, a price of 99.987944.

NEW YORK - Mortgage loan application volume grew 5.0%, seasonally adjusted, in the week ended Jan. 14 as low interest rates continued to spur refinancing activity, according to the Mortgage Bankers Association Weekly Mortgage Applications Survey.

Monetary policy cannot cure all our economic ills and expecting it to do so may make things worse, Federal Reserve Bank of Philadelphia president and chief executive officer Charles Plosser said Monday.

New York manufacturing conditions improved less than economists expected in January as the general business conditions index of the Empire State Manufacturing Survey rose to 11.92 from a December reading of 9.89.

Home builder confidence in the market for new single-family homes fell short of economist expectations in January, holding steady at a level of 16 for a third consecutive month, the National Association of Home Builders said Tuesday.

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 0.155% high rate, up from 0.150% the prior week, and the six-months incurred a 0.185% high rate, up from 0.180% the week before.

NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, January 19.

NEW YORK - The Treasury Department said Tuesday it will sell $25 billion of four-week discount bills Wednesday.

NEW YORK - Builders’ confidence in the market for new single-family homes was steady, as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – remained 16 in January, its third consecutive month at that low level.

NEW YORK - The Empire State Manufacturing Survey showed “conditions for New York manufacturers improved in January,” the Federal Reserve Bank of New York reported Tuesday, as the general business conditions index gained to 11.92 in the month from 9.89 in December, the Fed reported.

NEW YORK – Monetary policy cannot cure all the economy’s ills, and expecting it to do so may make things worse, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Monday.

Consumer confidence unexpectedly fell in January, declining to a preliminary reading of 72.7 from a final December level of 74.5 in a University of Michigan survey, according to market sources.

NEW YORK – Despite signs the economic recovery continues to strengthen, monetary policy remains “appropriate,” Federal Reserve Bank of Boston President and Chief Executive Officer Eric S. Rosengren Said Friday.

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

General business conditions in the Philadelphia region were revised downward in December to 20.8 from 24.3, the Federal Reserve Bank of Philadelphia said Thursday as it released its annual revisions.

NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 10-month bonds with a 4 1/4% coupon at a 4.515% high yield, a price of 95.669689.

NEW YORK - The Treasury Department said it will auction $13 billion 10-year inflation-protected notes on Thursday, January 20.

NEW YORK - The Treasury Department said Thursday it will auction $29 billion 91-day bills and $28 billion 182-day discount bills Tuesday.

NEW YORK – The Federal Reserve Bank of Philadelphia issued its annual historical revisions Thursday, with the December general business conditions index cut to 20.8 from 24.3.

NEW YORK - The European Central Bank announced its Governing Council held interest rates at current levels at its latest monetary policy meeting Thursday.