Gary Siegel

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

NEW YORK - The Treasury Department said it will auction $7 billion 9-year 9-month inflation-protected notes on Monday, Oct. 5.

NEW YORK - The Treasury Department said it will auction $20 billion 9-year, 10-month notes on Wednesday, Oct. 7.

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

NEW YORK - The Treasury Department said it will auction $39 billion three-year notes on Tuesday, Oct. 6.

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

NEW YORK - 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 today by the National Association of Realtors.

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

The Chicago Fed Midwest manufacturing index slipped 0.3% in August to a seasonally adjusted level of 80.1 after the July report showed a revised 3.1% increase to 80.4 originally reported as a 2.6% rise to 79.7, the Federal Reserve Bank of Chicago reported yesterday.

The seasonally adjusted Milwaukee index increased to 58 in September from an upwardly revised 56 in August, according to the Institute for Supply Management-Milwaukee.

New York City business activity surged in September, the first time the index has shown expansion for two straight months since the recession began in December 2007, according to the National Association of Purchasing Management-New York’s Report on Business.

The Chicago Purchasing Managers’ Business Barometer fell to 46.1 in September from 50.0 in August, the National Association of Purchasing Management-Chicago said yesterday.

Resource use that is “quite low,” subdued inflation, and credit restraints that will likely “constrain the speed of recovery” combine to make it likely the Fed will keep rates low for “an extended period,” Federal Reserve Board vice chairman Donald L. Kohn told the Cato Institute’s Shadow Open Market Committee yesterday.

NEW YORK – Resource use that’s “quite low,” subdued inflation and credit restraints that will likely “constrain the speed of recovery,” combine to make it likely the Fed will keep rates low for “an extended period,” Federal Reserve Board Vice Chairman Donald L. Kohn told the Cato Institute's Shadow Open Market Committee today.

NEW YORK - The Chicago Fed Midwest Manufacturing Index slipped 0.3% in August to a seasonally adjusted level of 80.1 after the July report showed a revised 3.1% increase to 80.4 originally reported as a 2.6% rise to 79.7, the Federal Reserve Bank of Chicago reported today.

NEW YORK – The seasonally adjusted Milwaukee Index increased to 58 in September from an upwardly revised 56 in August, according to the Institute for Supply Management-Milwaukee.

NEW YORK - The Chicago Purchasing Managers’ Business Barometer fell to 46.1 in September from 50.0 in August, the National Association of Purchasing Management-Chicago said today.

NEW YORK – New York City business activity surged in September, the first time the index has shown expansion for two straight months since the recession began in December 2007, according to the National Association of Purchasing Management-New York’s Report on Business.

The Treasury Department yesterday auctioned $22 billion of four-week bills at a 0.040% high yield, a price of 99.996889.

The consumer confidence index slipped to 53.1 in September from an upwardly revised 54.5 last month, the Conference Board reported yesterday.