Gary Siegel

NEW YORK - The Treasury Department today auctioned $16 billion of 30-year bonds with a 4 5/8% coupon at a 4.720% high yield, a price of 98.483611.

NEW YORK – Existing-home sales were strong in most states during the fourth quarter, as many metro areas saw prices increase from a year earlier, according to the National Association of Realtors.

The Treasury Department yesterday auctioned $25 billion of 10-year notes with a 3 5/8% coupon at a 3.692% high yield, a price of 99.4438944

Economic conditions should “warrant exceptionally low levels of the federal funds rate for an extended period,” Federal Reserve Board chairman Ben Bernanke planned to tell Congress yesterday, while adding that as the economy expands monetary policy will tighten.

NEW YORK - The Treasury Department auctioned $25 billion of 10-year notes with a 3 5/8% coupon at a 3.692% high yield, a price of 99.4438944

NEW YORK – Economic conditions should “warrant exceptionally low levels of the federal funds rate for an extended period,” Federal Reserve Board Chairman Ben S. Bernanke planned to tell Congress today, but added that as the economy expands monetary policy will tighten.

The Treasury Department today auctioned $40 billion of three-year notes with a 1 3/8% coupon at a 1.377% yield, a price of 99.994122.

The Federal Reserve today announced the results of its term-auction facility, selling $15.426 billion of 28-day credits at a 0.250% stop-out rate.

NEW YORK - The Treasury Department today auctioned $40 billion of three-year notes with a 1 3/8% coupon at a 1.377% yield, a price of 99.994122.

NEW YORK - The Treasury Department today auctioned $26 billion of one-year bills at a 0.320% high yield, a price of 99.676444.

NEW YORK - The Treasury Department today auctioned $24 billion of four-week bills at a 0.055% high yield, a price of 99.995722.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.110% high rate, up from 0.095% the week before, and the six-months incurred a 0.170% high rate, up from 0.165%.

The Federal Reserve announced yesterday it set a 0.25% minimum bid on its $50 billion 28-day term-auction facility.

The Conference Board’s employment trends index rose 1.0% to 93.2 in January from a revised 2.5% jump to 92.3 in December, originally reported as a 1.7% increase to 91.8, and is down 0.7% from a year ago, the group said yesterday.

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 0.110% high rate, up from 0.095% the prior week, and the six-months incurred a 0.170% high rate, up from 0.165% the week before.

NEW YORK - The Treasury Department said it will sell $24 billion of four-week discount bills tomorrow.

NEW YORK – The Conference Board’s Employment Trends Index (ETI) rose 1.0% to 93.2 in January, from a revised 2.5% jump to 92.3 in December, originally reported as a 1.7% increase to 91.8, and is down 0.7% from a year ago, the group announced today.

NEW YORK – The Federal Reserve announced today it will set a 0.25% minimum bid on its $50 billion 28-day Term Auction Facility credit selling today.

U.S. inflationary pressures were higher in January as the U.S. future inflation gauge rose to 100.2 from an upwardly revised 99.0 in December, according to data released Friday by the Economic Cycle Research Institute.

Consumer borrowing decreased by $1.8 billion in December to a seasonally adjusted $2.457 trillion from $2.459 trillion in November, a 0.8% decrease, the Federal Reserve reported Friday.