Gary Siegel

The Treasury Department Monday auctioned $36 billion of two-year notes with a 3/8% coupon at a 0.441% yield and a price of 99.868724. The bid-to-cover ratio was 3.78.

The Federal Reserve Bank of Chicago’s Midwest manufacturing index dropped 1.4% in August to a seasonally adjusted level of 79.9, the Chicago Fed reported Monday.

Manufacturing activity in Texas, as measured by the production index, was better in August, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, which was released Monday.

The Federal Reserve Bank of Chicago’s national activity index declined in August to negative 0.53 from a revised negative 0.11 reading in July, which had originally been reported as zero. That compares with negative 0.56 in August 2009.

NEW YORK - The Treasury Department today auctioned $36 billion of two-year notes with a 3/8% coupon at a 0.441% yield, a price of 99.868724.

NEW YORK - The Chicago Fed Midwest Manufacturing Index dropped 1.4% in August to a seasonally adjusted level of 79.9 after the July report showed a revised 1.9% increase to 81.0, originally reported as a 2.2% climb to 81.4, the Federal Reserve Bank of Chicago reported today.

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 0.155% high rate, off from 0.160% the prior week, and the six-months incurred a 0.190% high rate, down from 0.195% the week before.

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

NEW YORK - The Treasury Department said it will auction $25 billion 57-day cash management bills on Wednesday, September 29.

NEW YORK - Texas factory activity, as measured by the production index, was better in August, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released today.

NEW YORK - The Chicago Fed National Activity Index for August declined to negative 0.53 from a revised negative 0.11 reading in July, originally reported as zero.

Mortgage loan application volume declined 1.4% during the week ended Sept. 17 on a seasonally adjusted basis as both refinancing and purchase activity fell, the Mortgage Bankers Association said Wednesday.

NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated Sept. 23, due Nov. 18, at a 0.145% high tender rate.

NEW YORK – Mortgage loan application volume declined 1.4% on a seasonally adjusted basis in the week ended September 17, while surging 22.9% on an unadjusted basis from the prior week, which included the Labor Day holiday, the Mortgage Bankers Association said Wednesday.

Weekly chain store sales fell 1.4% in the week ending Sept. 18, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Tuesday. Year-over-year sales improved 3.3%.

NEW YORK - The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.265% high yield, a price of 99.7320565

NEW YORK - The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.115% high yield, a price of 99.991056.

NEW YORK – The Federal Reserve announced that today’s meeting of the Federal Open Market Committee began at 8 a.m., Eastern time, as scheduled.

NEW YORK – Weekly chain store sales fell 1.4% in the week ending September 18, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Tuesday.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.160% high rate, up from 0.140% the previous week, and the six-months incurred a 0.195% high rate, up from 0.190% . Coupon equivalents were 0.162% and 0.198%, respectively.