Gary Siegel

NEW YORK – Newly issued Treasury securities held in stripped form decreased about $759 million in September to a total of $173.825 billion, the Bureau of the Public Debt reported this afternoon.

NEW YORK - The Treasury Department today auctioned $39 billion of three-year notes with a 1 3/8% coupon at a 1.445% yield, a price of 99.795210.

NEW YORK - The Treasury Department today auctioned $24 billion of four-week bills at a 0.040% high yield, a price of 99.996889.

NEW YORK - The Treasury Department said it will auction $10 billion 16-day cash management bills on Thursday, Oct. 8.

NEW YORK – The Federal Reserve today announced the results of its term auction facility, selling $24.830 billion of 70-day credits at a 0.250% stop-out rate, the lowest rate at which the offering amount clears, which is the sole rate awarded to all the successful bids.

The Treasury Department yesterday sold $7 billion of inflation-indexed, nine year and nine month TIPs at a 1.510% yield, an adjusted price of 104.288697, with a 1 7/8% coupon.

The Federal Reserve announced yesterday it will set a 0.25% minimum bid on its $50 billion 70-day Term Auction Facility credit. Thursday is the settlement date. The loan matures Dec. 17.

The Conference Board’s employment trends index rose 0.3% to 88.5 in September, from a revised 88.2 in August, originally reported as 88.1, and is down 15.6% from a year ago, the group announced yesterday.

The Institute for Supply Management’s non-manufacturing business activity composite index was 50.9 in September, up from 48.4 in August, on a seasonally adjusted basis, the group said yesterday.

NEW YORK – The Treasury Department sold $7 billion of inflation-indexed nine-year nine-month TIPs at a 1.510% yield, an adjusted price of 104.288697, with a 1 7/8% coupon.

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 0.075% high rate, down from 0.115% the prior week, and the six-months incurred a 0.150% high rate, down from 0.190% 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 0.3% to 88.5 in September, from a revised 88.2 in August, originally reported as 88.1, and is down 15.6% from a year ago, the group announced today.

NEW YORK - The Institute for Supply Management's non-manufacturing business activity composite index was 50.9 in September, up from 48.4 in August, on a seasonally adjusted basis, the group said today.

NEW YORK – The Federal Reserve announced today it will set a 0.25% minimum bid on its $50 billion 70-day Term Auction Facility credit selling today.

NEW YORK - U.S. inflationary pressures were higher in September as the U.S. future inflation gauge rose to 90.6 from an upwardly revised 89.7 in August, according to data released this morning by the Economic Cycle Research Institute.

Pending home sales increased 6.4% to a reading of 103.8 in August from an unrevised 3.2% rise to 97.6 in August, according to an index released yesterday by the National Association of Realtors.

The overall national economy grew for the fifth straight month, while the manufacturing sector expanded for the second time after 18 months of contraction, according to an Institute for Supply Management report yesterday.

The Federal Reserve Board is “well-suited” to supervise “systemically important financial institutions that may not already be subject to the Bank Holding Company Act,” Fed chairman Ben S. Bernanke told the House Financial Services Committee yesterday.

NEW YORK - The Treasury Department said it will auction $12 billion 29-year, 10-month notes on Thursday, Oct. 8.