Gary Siegel

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower than last week, as the three-months incurred a 0.040% high rate, down from 0.050%, and the six-months incurred a 0.160% high rate, down from 0.165%.

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 0.040% high rate, down from 0.050% the prior week, and the six-months incurred a 0.160% high rate, down from 0.165% the week before.

NEW YORK - The Treasury Department said it will sell $28 billion of four-week discount bills tomorrow.

NEW YORK – The Federal Reserve announced today it will set a 0.25% minimum bid on its $75 billion 28-day Term Auction Facility credit selling today.

The University of Michigan’s preliminary December consumer sentiment index reading was 73.4 compared to the final November 67.4, the preliminary November 66.0 reading, and the final October 70.6, according to market sources.

NEW YORK - The University of Michigan's preliminary December consumer sentiment index reading was 73.4, compared to the final November 67.4, the preliminary November 66.0 reading, and the final October 70.6, according to market sources.

NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 11-month bonds with a 4 3/8% coupon at a 4.520% high yield, a price of 97.627644.

NEW YORK - The Treasury Department said today it will auction $30 billion 91-day bills and $31 billion 182-day discount bills Monday.

NEW YORK - The Treasury Department said it will auction $27 billion year bills on Dec. 15.

Real gross domestic product projections increased, with forecasters seeing rates of up to 3.1% growth in real gross domestic product in the last half of 2009, although predictions for the jobless rate now hover above the 10% mark, according to the latest Livingston Survey, released yesterday by the Federal Reserve Bank of Philadelphia.

The Treasury Department yesterday auctioned $21 billion of nine-year, 11-month notes with a 3 3/8% coupon at a 3.448% high yield, a price of 99.387238.

NEW YORK - The Treasury Department auctioned $21 billion of 9-year 11-month notes with a 3 3/8% coupon at a 3.448% high yield, a price of 99.387238.

NEW YORK - The Treasury Department today sold $15 billion 19-day cash management bills, dated Dec. 10, due Dec. 29, at a 0.070% high tender rate.

NEW YORK – Real gross domestic product projections were increased, with forecasters seeing rates of up to 3.1% growth in real GDP in the last half of 2009, although predictions for the jobless rate now hover above the 10% mark, according to the latest Livingston Survey, released today by the Federal Reserve Bank of Philadelphia.

The Treasury Department yesterday auctioned $40 billion of three-year notes with a 1 1/8% coupon at a 1.223% yield, a price of 99.712191.

The U.S. economy will resume growing in 2010, with manufacturers expecting sales revenue to increase 5.7% and non-manufacturers expecting 1.3% revenue growth next year, according to the Institute for Supply Management December 2009 Semiannual Economic Forecast released yesterday.

NEW YORK - The Treasury Department today auctioned $40 billion of three-year notes with a 1 1/8% coupon at a 1.223% yield, a price of 99.712191.

NEW YORK - The Treasury Department today sold $12 billion 4-day cash management bills, dated Dec. 10, due Dec. 14, at a 0.070% high tender rate.

NEW YORK - The Treasury Department today auctioned $29 billion of four-week bills at a zero high yield, a price of par.

NEW YORK – While CEOs expect the economy to grow next year, an foresee increases in capital expenditures and sales, they predict employment will not improve “significantly,” according to the Business Roundtable's fourth quarter 2009 CEO Economic Outlook Survey, released today.