Gary Siegel

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, off from 0.155% the prior week, and the six-months incurred a 0.185% high rate, down from 0.190% the week before.

NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, October 6.

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

NEW YORK - Pending home sales grew 4.3% to a reading of 82.3 in August from a revised 4.5% increase to 78.9 in July, originally reported as a 5.2% gain 79.4, according to an index released Monday by the National Association of Realtors.

NEW YORK - Janet Yellen, former president of the Federal Reserve Bank of San Francisco was sworn in as vice chair of the Federal Reserve Board Monday, and Sarah Bloom Raskin was sworn in as a fed governor, the Fed announced.

NEW YORK – The seasonally adjusted Milwaukee Index dropped to 50 in September from 59 in August, according to the Institute for Supply Management-Milwaukee.

NEW YORK – New York City business activity improved for the first time in four month, the Institute for Supply Management-New York’s Report on Business current business conditions index indicated.

Federal Reserve Bank of Philadelphia president Charles Plosser said Wednesday that the U.S. economy is recovering modestly and that improvement should continue, despite the “summer doldrums” of the past few months.

Federal Reserve Bank of Minneapolis president Narayana Kocherlakota lowered his expectations for economic growth Wednesday to near 2.4% in the second half of this year and about 2.5% in 2011.

NEW YORK - The Treasury Department auctioned $29 billion of seven-year notes, with a 1 7/8% coupon, a 1.890% high yield, a price of 99.902081.

NEW YORK – The U.S. economy is recovering modestly, and although in the past few months it has hit “the summer doldrums,” moderate improvement should continue, according to Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser.

NEW YORK - The Treasury Department today sold $25 billion 57-day cash management bills, dated Sept. 30, due Nov. 26, at a 0.130% high tender rate.

NEW YORK – Gross domestic product growth is seen near 2.4% in the second half of this year and around 2.5% next year for an average of 2.5% a year for the two years, predictions lower than those made last month by Federal Reserve Bank of Minneapolis President Narayana Kocherlakota.

NEW YORK – About 4,296,100 online job postings appeared on leading Internet job boards in September, up 57,900 from August, The Conference Board reported today.

NEW YORK - Mortgage loan application volume dipped 0.8% on a seasonally adjusted basis in the week ended September 24, and volume fell 1.0% on an unadjusted basis, the Mortgage Bankers Association said Wednesday.

The Treasury Department Tuesday auctioned $35 billion of five-year notes with a 1 1/4% coupon, a 1.260% high yield, and a price of 99.951690.

Manufacturing activity in the central Atlantic region pulled back in September after expanding the previous seven months, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond.

The consumer confidence index slipped to 48.5 in September from a downwardly revised 53.2 last month, the Conference Board reported Tuesday.

NEW YORK - The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/4% coupon, a 1.260% high yield, a price of 99.951690.

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