Gary Siegel

NEW YORK - The Treasury Department said today it will auction $27 billion 91-day bills and $27 billion 182-day discount bills Monday.

NEW YORK - The Institute for Supply Management's non-manufacturing business activity composite index was 55.4 in May, unchanged from 55.4 in April, on a seasonally adjusted basis, the group said today.

NEW YORK – The Fed funds rate will not have to remain near zero until most of the employment losses from the recession are recovered, Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis P. Lockhart said today.

The Treasury Department yesterday auctioned $25 billion of 364-day bills at a 0.365% high yield, a price of 99.630944.

About 4,149,000 online job postings appeared on leading Internet job boards in May, unchanged from April, the Conference Board reported yesterday.

Pending home sales rose 6.0% to a reading of 110.9 in April from a revised 7.1% increase to 104.6 in March, which was originally reported as a 5.3% gain to 102.9, according to an index released yesterday by the National Association of Realtors.

NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated June 3, due July 29, at a 0.140% high tender rate.

NEW YORK - The Treasury Department today auctioned $25 billion of 364-day bills at a 0.365% high yield, a price of 99.630944.

NEW YORK – About 4,149,000 online job postings appeared on leading Internet job boards in May, unchanged from April, The Conference Board reported today.

NEW YORK - Pending home sales rose 6.0% to a reading of 110.9 in April from a revised 7.1% increase to 104.6 in March, originally reported as a 5.3% gain to 102.9, 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 yesterday, as the three-months incurred a 0.160% high rate, down from 0.165% the previous week, and the six-months incurred a 0.220% high rate, unchanged from 0.220% .

Texas factory activity increased for the seventh month in a row in May, with the production index hitting its highest level in three years, according to the monthly business-activity survey conducted by the Federal Reserve Bank of Dallas and released yesterday.

The overall economy grew for the 13th straight time after seven months of contraction, while the manufacturing sector expanded for the 10th time after 18 months of contraction, the Institute for Supply Management reported yesterday.

NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.160% high rate, down from 0.165% the prior week, and the six-months incurred a 0.220% high rate, unchanged from 0.220% the week before.

NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, June 2.

NEW YORK - The Treasury Department said it will sell $31 billion of four-week discount bills tomorrow.

NEW YORK - Texas factory activity increased for the seventh month in a row in May, with the production index hitting its highest level in three years, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released today.

NEW YORK - The overall economy grew for the thirteenth straight time after seven months of contraction, while the manufacturing sector expanded for the tenth time after eighteenth months of contraction, the Institute for Supply Management reported this morning.

The University of Michigan’s final May consumer sentiment index reading was 73.6, up slightly compared to the 73.3 preliminary May, the final April 72.2, and March’s 73.6, according to market sources.

New York City business activity expanded at a record pace in May, according to the Institute for Supply Management-New York’s Report on Business current business conditions index, which was released on Friday.