Gary Siegel

Forecasters see moderate growth ahead for the U.S. economy, with real gross domestic product growing at an annual rate of 2.3% in the second half, 2.5% early next year, and 2.9% in the last six months of 2011, according to the Federal Reserve Bank of Philadelphia’s December Livingston survey.

The Treasury Department auctioned $13 billion of 29-year, 11-month bonds Thursday with a 4 1/4% coupon at a 4.410% high yield and a price of 97.349324.

NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 11-month bonds with a 4 1/4% coupon at a 4.410% high yield, a price of 97.349324.

NEW YORK - The Treasury Department said it will auction $22 billion year bills on Tuesday, December 14.

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

NEW YORK – Forecasters see moderate growth ahead for the U.S. economy, with real GDP growing at an annual rate of 2.3% in the second half of 2010, 2.5% early next year, and 2.9% in the last six months of 2011, according to the 33 participants in the Federal Reserve Bank of Philadelphia’s December Livingston Survey.

The Treasury Department Wednesday auctioned $21 billion of nine-year 11-month notes with a 2 5/8% coupon at a 3.340% high yield, and a price of 94.002822. The bid-to-cover ratio was 2.92. Tenders at the high yield were allotted 8.71%. All competitive tenders at lower yields were accepted in full. The median yield was 3.259%; low yield 3.170%.

Mortgage-loan application volume slipped 0.9% on a seasonally adjusted basis the week ended Dec. 3, according to a weekly survey released Wednesday by the Mortgage Bankers Association.

NEW YORK - The Treasury Department auctioned $21 billion of 9-year 11-month notes with a 2 5/8% coupon at a 3.340% high yield, a price of 94.002822.

NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated December 9, due February 3, 2011, at a 0.125% high tender rate.

NEW YORK - Mortgage loan application volume slipped 0.9% on a seasonally adjusted basis in the week ended December 3, the Mortgage Bankers Association’s Weekly Mortgage Applications Survey indicated.

NEW YORK - The Treasury Department today auctioned $32 billion of three-year notes with a 3/4% coupon at a 0.862% yield, a price of 99.669011.

NEW YORK - The Treasury Department today sold $18 billion 7-day cash management bills, dated Dec. 8, due Dec. 15, at a 0.140% high tender rate.

NEW YORK - The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.080% high yield, a price of 99.993778.

NEW YORK – Retail sales were 3.8% better than last year in the first week of December, after a 4.9% gain in the last week of November, according to the Johnson Redbook Retail Sales Index.

NEW YORK – With a $142 billion deficit in November, the federal budget deficit was $283 billion for the first two months of fiscal year 2011, the Congressional Budget Office estimated Monday.

The Conference Board's employment trends index rose to 99.0 in November from a downwardly revised 97.6 in October and is up 9.3% from a year ago, the group announced Monday.

Next year should be better economically, according to participants in the 24th annual Economic Outlook Symposium, as gross domestic product will show more growth, inflation will rise to levels closer to what is considered "normal," and the jobless rate will dip.

NEW YORK – Newly issued Treasury securities held in stripped form increased about $3.649 billion in November to a total of $197.907 billion, the Bureau of the Public Debt reported this afternoon.

NEW YORK – Next year should be better economically, according to participants in the 24th annual Economic Outlook Symposium, as gross domestic product will show more growth, inflation will rise to levels closer to what is considered “normal” and the jobless rate will dip.