Gary Siegel

Consumer sentiment rose to 69.3 in the first of two readings for November by the University of Michigan, up from a final October level of 67.7, market sources said.

NEW YORK - The University of Michigan's preliminary November consumer sentiment index reading was 69.3, compared to the final October 67.7, the preliminary October 67.9, and the final September 68.2, according to market sources.

NEW YORK – The foreclosure process offers no “good outcome” for any party, Federal Reserve Gov. Daniel Tarullo's said Friday, in urging lenders to offer modifications to borrowers.

The Treasury Department Wednesday auctioned $16 billion of 30-year bonds with a 4 1/4% coupon at a 4.320% high yield and a price of 98.829162.

NEW YORK - The Treasury Department today auctioned $16 billion of 30-year bonds with a 4 1/4% coupon at a 4.320% high yield, a price of 98.829162.

NEW YORK - The Treasury Department today sold $25 billion 55-day cash management bills, dated November 12, due January 6, 2011, at a 0.145% high tender rate.

NEW YORK - The Treasury Department said it will auction $23 billion year bills on Tuesday, November 16.

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

NEW YORK - Mortgage loan application volume grew 5.8% on a seasonally adjusted basis in the week ended November 5, according to the Mortgage Bankers Association Weekly Mortgage Applications Survey, released Wednesday.

Retail sales at chain stores rose 1.3% in the week and 3.4% year-over-year, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Tuesday.

The Treasury Department auctioned $24 billion of 10-year notes Tuesday with a 2 5/8% coupon at a 2.636% high yield, a price of 99.903856. The bid-to-cover ratio was 2.80.

NEW YORK - The Treasury Department auctioned $24 billion of 10-year notes with a 2 5/8% coupon at a 2.636% high yield, a price of 99.903856.

NEW YORK - The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.105% high yield, a price of 99.992125.

NEW YORK – November sales were 2.6% better than last November, but short of the 2.9% increase expected, according to the weekly retail sales report for the week ended November 6, released by Johnson Redbook Tuesday.

NEW YORK – Retail sales at chain stores increased 1.3% in the week and 3.4% year-over-year, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Tuesday.

The Conference Board’s employment trends index rose to 98.1 in October from a revised 97.3 in September, and is up 10.1% from a year ago, the group announced Monday.

The Federal Reserve Bank of Dallas’ Richard Fisher said Monday that the economy is progressing and “more things are moving in the right direction than in the wrong direction,” which is why he is against additional quantitative easing.

NEW YORK – The economy is progressing, and “more things are moving in the right direction than in the wrong direction,” according to Federal Reserve Bank of Dallas President and CEO Richard W. Fisher, which is why he is against additional quantitative easing.

NEW YORK - The Treasury Department today auctioned $32 billion of three-year notes with a 1/2% coupon at a 0.575% yield, a price of 99.777247.

NEW YORK - Tender rates for the Treasury Department’s latest 90-day and 181-day discount bills were mixed, as the three-months incurred a 0.125% high rate, unchanged from 0.125% the prior week, and the six-months incurred a 0.160% high rate, up from 0.155% the week before.