Gary Siegel

NEW YORK - The Chicago Fed Midwest Manufacturing Index soared 1.9% in January to a seasonally adjusted level of 83.1 after the December report showed a revised 0.5% decrease to 81.5, originally reported as a 0.3% drop to 84.1, the Federal Reserve Bank of Chicago reported today.

NEW YORK - The Treasury Department said it will auction $32 billion seven-year notes on Thursday, March 25.

NEW YORK - The Treasury Department said it will auction $44 billion two-year notes on Tuesday, March 23 and $42 billion five-year notes on Wednesday, March 24.

NEW YORK - The Treasury Department said today it will auction $28 billion 91-day bills and $29 billion 182-day discount bills Monday.

NEW YORK – The region's manufacturing sector continued to improve, as the general business conditions index increased to 18.9 in March from 17.6 in February, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

NEW YORK - The composite index of Leading Economic Indicators gained 0.1% in February, its eleventh straight gain, the Conference Board reported today.

The Treasury Department yesterday sold $25 billion of 56-day cash-management bills, dated March 18 and due May 13, at a 0.145% high tender rate.

The Federal Reserve should retain its supervisory role over large, complex financial institutions because it has an expertise that gives it an edge, Federal Reserve Board chairman Ben S. Bernanke told Congress yesterday.

NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated March 18, due May 13, at a 0.145% high tender rate.

NEW YORK – The Federal Reserve should retain its supervisory role over large, complex financial institutions because it has an expertise that gives it an edge, Federal Reserve Board Chairman Ben S. Bernanke will testify before Congress today.

The Treasury Department yesterday auctioned $31 billion of four-week bills at a 0.135% high yield, a price of 99.989500.

The Federal Open Market Committee left the federal funds target range unchanged at between zero and 0.25% following its policy-setting meeting yesterday. The FOMC reiterated that economic conditions "are likely to warrant exceptionally low levels of the federal funds rate for an extended period," according to the policy statement.

NEW YORK – The federal funds target range was left between zero and 0.25% and the Federal Open Market Committee reiterated rate “are likely to warrant exceptionally low levels of the federal funds rate for an extended period,” according to its policy statement released this afternoon.

NEW YORK - The Treasury Department today auctioned $31 billion of four-week bills at a 0.135% high yield, a price of 99.989500.

The Empire State Manufacturing Survey showed “conditions for New York manufacturers continued to improve at a steady pace in March,” as the general business conditions index slipped to 22.86 from 24.91 in February, the Federal Reserve Bank of New York reported yesterday.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher yesterday, as the three-months incurred a 0.165% high rate, up from 0.150% the previous week, and the six-months incurred a 0.240% rate, up from 0.205%.

Builders’ confidence in the market for new single-family homes declined in March, as the National Association of Home Builders’ housing market index — a monthly gauge of builder sentiment — slid to 15 from February’s 17, the group announced yesterday.

NEW YORK - Builders’ confidence in the market for new single-family homes declined in March, as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – slid to 15 from February’s 17, the group announced this afternoon.

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 0.165% high rate, up from 0.150% the prior week, and the six-months incurred a 0.240% high rate, up from 0.205% the week before.

NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, March 17.