Gary Siegel

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.

The Chicago Purchasing Managers’ Business Barometer fell to 59.7 in May from 63.8 in April, the National Association of Purchasing Management-Chicago said Friday.

NEW YORK – The seasonally adjusted Milwaukee Index slipped to 65 in May from 66 in April, according to the Institute for Supply Management-Milwaukee.

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

NEW YORK - The Chicago Purchasing Managers’ Business Barometer fell to 59.7 in May from 63.8 in April, the National Association of Purchasing Management-Chicago said today.

NEW YORK – New York City business activity expanded at a record pace in May, the Institute for Supply Management-New York’s Report on Business current business conditions index indicated.

NEW YORK - The Treasury Department auctioned $31 billion of seven-year notes, with a 2.750% coupon, a 2.815% high yield, a price of 99.589671.

NEW YORK - The Chicago Fed Midwest Manufacturing Index jumped 1.4% in April to a seasonally adjusted level of 85.2 after the March report showed a revised 1.5% increase to 84.2, originally reported as a 1.3% rise to 84.1, the Federal Reserve Bank of Chicago reported today.

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

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

NEW YORK - Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “grew at a much slower rate in May than in previous months, but producers were more optimistic about future activity,” according to the bank’s monthly manufacturing survey, released today.