Gary Siegel

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.

Builder confidence in the market for new single-family homes remained at its lowest level since March 2009, as the National Association of Home Builders’ monthly housing market index held steady at 13 in September, the NAHB said Monday.

The U.S. recession ended in June 2009 and any future economic downturn would signal a new recession, the National Bureau of Economic Research announced Monday.

NEW YORK - 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 prior week, and the six-months incurred a 0.195% high rate, up from 0.190% 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 56-day cash management bills on Wednesday, September 22.

NEW YORK – The U.S. recession, which started in December 2007 ended in June 2009 and any future downturn would signal a new recession, according to the Business Cycle Dating Committee of the National Bureau of Economic Research.

NEW YORK - Builders’ confidence in the market for new single-family homes remained at its lowest level since March 2009, as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – was steady at 13 in September from an unrevised 13 in August.

The University of Michigan’s preliminary September consumer sentiment index reading was 66.6, compared to the final August 68.9, the preliminary August 69.6 reading, and the final July 67.8, according to market sources.

NEW YORK - The University of Michigan's preliminary September consumer sentiment index reading was 66.6, compared to the final August 68.9, the preliminary August 69.6 reading, and the final July 67.8, according to market sources.

Manufacturing activity in the Philadelphia area unexpectedly stayed negative in September, as the general business conditions index narrowed to negative 0.7 from a previous reading of negative 7.7, according to the Federal Reserve Bank of Philadelphia monthly report on business.

NEW YORK - The Treasury Department said it will auction $25 billion year bills on Tuesday, September 21.

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

NEW YORK – The region's manufacturing sector was nearly flat in September, as the general business conditions index climbed to negative 0.7 from negative 7.7 in August, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

Mortgage applications fell 8.9% on a seasonally adjusted basis the week ended Sept. 10, the Mortgage Bankers Association reported Wednesday.

A gauge of New York-area manufacturing activity fell more than economists expected in September, declining to a 14-month-low of 4.14, according to a report Wednesday by the Federal Reserve Bank of New York.