Gary Siegel

Newly issued Treasury securities held in stripped form increased about $2 billion in July to a total of $186.049 billion, the Bureau of the Public Debt reported Thursday.

The European Central Bank announced Thursday that its Governing Council held interest rates at current levels at its latest monetary policy meeting.

NEW YORK – Newly issued Treasury securities held in stripped form increased about $2 billion in July to a total of $186.049 billion, the Bureau of the Public Debt reported this afternoon.

NEW YORK - The Treasury Department said Thursday it will auction $30 billion 91-day bills and $30 billion 182-day discount bills Monday.

NEW YORK - The European Central Bank announced its Governing Council held interest rates at current levels at its latest monetary policy meeting Thursday.

Mortgage loan application volume rose 1.3% on a seasonally adjusted basis in the week ending July 30, the Mortgage Bankers Association said Wednesday.

The Treasury Department announced Wednesday that it will sell $74 billion of securities — $34 billion of three-year notes Aug. 10, $24 billion of 10-year notes Aug. 11, and $16 billion of 30-year bonds Aug. 12 — to raise $41 billion in its quarterly refunding. All three issues settle on Aug. 16.

The services sector expanded more rapidly than economists expected in July, according to data released Wednesday by the Institute for Supply Management.

NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated Aug. 5, due Sept. 30, at a 0.160% high tender rate.

NEW YORK - The Institute for Supply Management's non-manufacturing business activity composite index was 54.3 in July, up from 53.8 in June, on a seasonally adjusted basis, the group said today.

NEW YORK – The Treasury Department will sell $74 billion of securities -- $34 billion 3-year notes on August 10, $24 billion in 10-year notes on August 11 and $16 billion in 30-year bonds on August 12 – to raise $41 billion.

NEW YORK – Mortgage loan application volume increased 1.3% seasonally adjusted in the week ending July 30, and rose 1.4% on an unadjusted basis, the Mortgage Bankers Association said Wednesday.

The Treasury Department Tuesday auctioned $31 billion of four-week bills at a 0.150% high yield an a price of 99.988333. The coupon equivalent was 0.152%. The bid-to-cover ratio was 4.51. Tenders at the high rate were allotted 2.20%.

The pending home sales index fell 2.6% in June to a record low reading of 75.7 as residential housing continued to struggle due to the expiration of the federal home-purchase tax credit, the National Association of Realtors said Tuesday.

NEW YORK - The Treasury Department Tuesday auctioned $31 billion of four-week bills at a 0.150% high yield, a price of 99.988333.

NEW YORK - Pending home sales fell 2.6% to a reading of 75.7 in June, a record low, from a revised 29.9% decrease to 77.7 in May, originally reported as a 30.0% decrease to 77.6, according to an index released today by the National Association of Realtors.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed Monday, as the three-months incurred a 0.155% high rate, up from 0.150% the previous week, and the six-months incurred a 0.195% high rate, down from 0.200%.

U.S. manufacturing activity slowed in July to its lowest level of 2010 as the Institute for Supply Management factory gauge fell to 55.5 from 56.2 in May, according to data released Monday.

Though the financial crisis seems to be history and the economy is stable, Federal Reserve Board chairman Ben Bernanke said Monday that considerably more recovery is needed.

NEW YORK – The Treasury Department announced today it expects to borrow $350 billion in the third quarter, up from $344 billion borrowed in the second quarter, but $26 billion less than Treasury expected it would be borrowing in the quarter in its previous estimate.