Gary Siegel

The Federal Reserve announced yesterday that it will set a 0.25% minimum bid on its $25 billion 42-day Term Auction Facility.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills rose yesterday, as the three-months incurred a 0.060% high rate, up from 0.040% the prior week, and the six-months incurred a 0.150% high rate, a rise from 0.140%.

The Chicago Fed Midwest Manufacturing Index climbed 0.5% in October to a seasonally adjusted level of 82.9 after the September report showed a revised 0.7% increase to 82.5, originally reported as a 1.0% rise to 82.3, the Federal Reserve Bank of Chicago reported yesterday.

“Texas factory activity showed its first signs of growth in more than a year,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas and released yesterday.

The seasonally adjusted Milwaukee Index increased to 57 in November from 50 in October, according to the Institute for Supply Management-Milwaukee.

New York City business activity improved again in November, as the Institute for Supply Management’s New York Report on Business current conditions index has shown expansion for four straight months, the group reported yesterday.

The Chicago Purchasing Managers’ Business Barometer rose to 56.1 in November from 54.2 in October, the National Association of Purchasing Management-Chicago said yesterday.

NEW YORK - The Chicago Fed Midwest Manufacturing Index climbed 0.5% in October to a seasonally adjusted level of 82.9 after the September report showed a revised 0.7% increase to 82.5, originally reported as a 1.0% rise to 82.3, the Federal Reserve Bank of Chicago reported today.

NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills rose, as the three-months incurred a 0.060% high rate, up from 0.040% the prior week, and the six-months incurred a 0.150% high rate, a rise from 0.140% the week before.

NEW YORK - The Treasury Department said it will sell $31 billion of four-week discount bills tomorrow.

NEW YORK - “Texas factory activity showed its first signs of growth in more than a year,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released today.

NEW YORK – The Federal Reserve announced today it will set a 0.25% minimum bid on its $25 billion 42-day Term Auction Facility credit selling today.

NEW YORK – The seasonally adjusted Milwaukee Index increased to 57 in November from 50 in October, according to the Institute for Supply Management-Milwaukee.

NEW YORK - The Chicago Purchasing Managers’ Business Barometer rose to 56.1 in November from 54.2 in October, the National Association of Purchasing Management-Chicago said today.

NEW YORK – New York City business activity improved again in November, as the Institute for Supply Management-New York’s Report on Business current business conditions index has shown expansion for four straight months, the group reported this morning.

Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “grew moderately in November, and producers were increasingly optimistic about the months ahead,” according to the bank’s monthly manufacturing survey, released Wednesday.

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

NEW YORK - The Treasury Department auctioned $32 billion of seven-year notes, with a 2 3/4% coupon, a 2.835% high yield, a price of 99.463748.

NEW YORK - Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “grew moderately in November, and producers were increasingly optimistic about the months ahead,” according to the bank’s monthly manufacturing survey, released today.

NEW YORK - The University of Michigan's final November consumer sentiment index reading was 67.4, compared to the preliminary 66.0 reading, the final October 70.6, the preliminary October 69.4, the final September 73.5, and the final August 65.7, according to market sources.