Gary Siegel

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.

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 0.145% high rate, down from 0.175% the prior week, and the six-months incurred a 0.185% high rate, down from 0.210% the week before.

NEW YORK - The Treasury Department said it will auction $18 billion 7-day cash management bills on Tuesday, December 2.

NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, December 8.

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

NEW YORK – The Conference Board’s Employment Trends Index (ETI) rose to 99.0 in November from a downwardly revised 97.6 in October, originally reported as 98.1, and is up 9.3% from a year ago, the group announced Monday.

Inflationary pressures were higher in November, as the U.S. future inflation gauge grew to 99.6 from an unrevised 97.4 in October, according to data released Friday by the Economic Cycle Research Institute.

The Institute for Supply Management’s non-manufacturing business activity composite index rose to 55.0 in November from 54.3 in October, the group said Friday.

NEW YORK - The Institute for Supply Management's non-manufacturing business activity composite index was 55.0 in November, up from 54.3 in October, on a seasonally adjusted basis, the group said today.

NEW YORK - U.S. inflationary pressures were higher in November, as the U.S. future inflation gauge grew to 99.6 from an unrevised 97.4 in October, according to data released this morning by the Economic Cycle Research Institute.

Federal Reserve Bank of St. Louis president James Bullard said a “clear” disinflationary trend began in the U.S. this year and monetary policy should be designed to fight the development and support the Federal Reserve Board’s inflation target from the low side.