Gary Siegel

NEW YORK - The Treasury Department said it will auction $11 billion four-year six-month inflation-indexed bonds on Monday, April 26.

NEW YORK - The Treasury Department said today it will auction $24 billion 91-day bills and $25 billion 182-day discount bills Monday.

The Treasury Department yesterday said it will sell $18 billion of four-week discount bills today.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower yesterday, as the three-months incurred a 0.145% high rate, down from 0.155% the previous week, and the six-month bills incurred a 0.220% high rate, dropping from 0.240%.

The composite index of leading economic indicators gained 1.4% in March, its 12th straight gain, surpassing economists’ estimates, the Conference Board reported yesterday.

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 0.145% high rate, down from 0.155% the prior week, and the six-months incurred a 0.220% high rate, down from 0.240% the week before.

NEW YORK - The Treasury Department said it will sell $18 billion of four-week discount bills tomorrow.

NEW YORK - The composite index of Leading Economic Indicators gained 1.4% in March, its twelfth straight gain, the Conference Board reported today.

The University of Michigan’s preliminary April consumer sentiment index reading was 69.5 compared to the final March 73.6, the preliminary March 72.5 reading, and the final February 73.6, according to market sources.

NEW YORK - The University of Michigan's preliminary April consumer sentiment index reading was 69.5, compared to the final March 73.6, the preliminary March 72.5 reading, and the final February 73.6, according to market sources.

Builders’ confidence in the market for new single-family homes surged in April, as the National Association of Home Builders’ housing market index climbed to 19 from March’s 15, the group announced yesterday.

The region’s manufacturing sector continued to improve, as the general business conditions index increased to 20.2 in April from 18.9 in March, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

The Empire State Manufacturing Survey showed “conditions for New York State manufacturers improved at a rapid pace in April,” the Federal Reserve Bank of New York reported yesterday.

NEW YORK – The economy “requires continued support of accommodative monetary policy” as it recovers and tightening too soon is risky, Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis P. Lockhart said today.

NEW YORK - Builders’ confidence in the market for new single-family homes surged in April, as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – climbed to 19 from March’s 15, the group announced this afternoon.

NEW YORK - The Treasury Department said today it will auction $25 billion 91-day bills and $25 billion 182-day discount bills Monday.

NEW YORK – The region's manufacturing sector continued to improve, as the general business conditions index increased to 20.2 in April from 18.9 in March, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

NEW YORK - The Empire State Manufacturing Survey showed “conditions for New York State manufacturers improved at a rapid pace in April," the Federal Reserve Bank of New York today reported, as the general business conditions index climbed to 31.86 in the month from 22.86 in March, the Fed reported.

Acting hastily to install reforms after a crisis not only often fail to solve the problem, but can also create new problems, Federal Reserve Bank of Cleveland president and chief executive officer Sandra Pianalto said yesterday.

Signs point to a moderate recovery in the near future, Federal Reserve Board chairman Ben S. Bernanke told Congress yesterday, and while he made no mention of monetary policy, inflation was expected to be subdued and housing was still a concern.