Gary Siegel

The Institute for Supply Management’s non-manufacturing business activity composite index increased to 50.5 in January, up from 49.8 in December, on a seasonally adjusted basis, the group said yesterday.

The Treasury Department announced yesterday it will sell $40 billion of three-year notes on Feb. 9, $25 billion of 10-year notes on Feb. 10, and $16 billion of 30-year bonds on Feb. 11. All of the sales will take place at 1 p.m. Eastern Standard Time.

NEW YORK – Calling growth in the economy “encouraging,” but employment is troubling, Federal Reserve Board Chairman Ben S. Bernanke was sworn in for a second term as chairman today.

NEW YORK - The Treasury Department today sold $5 billion 21-day cash management bills, dated Feb. 4, due Feb. 25, at a 0.020% high tender rate.

NEW YORK – The Treasury department announced today it will sell $40 billion three-year notes at 1 p.m., EST, on Tuesday, February 9, $25 billion 10-year notes at 1 p.m., EST, on Wednesday, February 10, and $16 billion 30-year bonds at 1 p.m., EST, on Thursday, February 11.

The Treasury Department yesterday auctioned $17 billion of four-week bills at a 0.040% high yield, a price of 99.996889.

Explanations other than asset price bubbles may be behind the rallies in several asset markets, according to the Federal Reserve Bank of Richmond.

Pending home sales inched up 1.0% to a reading of 96.6 in December from a revised 16.4% decline to 95.6 in November, originally reported as a 16.0% drop to 96.0, according to the National Association of Realtors.

NEW YORK – Explanations other than asset price bubbles may be behind the rallies in several asset markets, according to the Federal Reserve Bank of Richmond.

NEW YORK - The Treasury Department today auctioned $17 billion of four-week bills at a 0.040% high yield, a price of 99.996889.

NEW YORK - Pending home sales inched up 1.0% to a reading of 96.6 in December from a revised 16.4% decline to 95.6 in November, originally reported as a 16.0% drop to 96.0, according to an index released today by the National Association of Realtors.

About 4,024,000 online job postings appeared on leading Internet employment boards in January, a 382,000 increase from December’s 3,642,000, the Conference Board reported yesterday.

The overall economy grew for the ninth straight month while the manufacturing sector expanded for the sixth consecutive month, 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 higher, as the three-months incurred a 0.095% high rate, up from 0.055% the prior week, and the six-months incurred a 0.165% high rate, up from 0.135% the week before.

NEW YORK - The Treasury Department said it will auction $5 billion 21-day cash management bills on Wednesday, Feb. 3.

NEW YORK - The Treasury Department said it will sell $17 billion of four-week discount bills tomorrow.

NEW YORK – About 4,024,000 online job postings appeared on leading Internet job boards in January, a 382,000 increase from December's 3,642,000, The Conference Board reported today.

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

The University of Michigan’s final January consumer sentiment index reading was 74.4 following the preliminary January reading of 72.8, the final December number of 72.5, and the final November figure of 67.4, according to market sources.

New York City business activity expanded again in January, its sixth straight month of expansion, the Institute for Supply Management-New York’s Report on Business current business conditions index indicated.