Yong Lim

The U.S. services sector decreased at a slightly slower pace in June as the non-manufacturing business activity composite index was 52.2 in the month, compared to 53.7 in May, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.015% high yield, a price of 99.998875.

The 20-Bond GO Index of 20-year general obligation yields increased 9 basis points this week, to 3.93%.This is its highest level since March 14, 2013 (twelve weeks ago), when it was 4.00%.

The Treasury Department said it will auction $13 billion 9-year 8-month inflation-protected notes on Thursday, May 23.

The Treasury Department said Thursday it will auction $30 billion 91-day bills and $25 billion 182-day discount bills Monday.

The region's manufacturing sector decreased in May, as the general business conditions index slipped to negative 5.2 from 1.3 in April, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

Builders’ confidence in the market for new single-family homes increased as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – rose to 44 in May from 41 in April.

The Empire State Manufacturing Survey plunges as the Federal Reserve Bank of New York reported Wednesday as the general business conditions index fell to negative 1.43 in May from 3.05 in April.

The Treasury Department auctioned $24 billion of 10-year notes with a 1 3/4% coupon at a 1.810% high yield, a price of 99.453420.

The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.140% high yield, a price of 99.858444.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.070% high yield, a price of 99.994556.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were unchanged, as the three-months incurred a 0.075% high rate, and the six-months incurred a 0.105% high rate, the same as the week before.

According to the ISM’s monthly report on business, the ISM index decreased to 51.3 in March from 54.2 in February.

The Treasury Department said Monday it will sell $45 billion of four-week discount bills Tuesday.

The Treasury Department auctioned $35 billion of five-year notes, with a 3/4% coupon, a 0.760% high yield, a price of 99.951048.

The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 1/4% coupon at a 0.255% yield, a price of 99.990045.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.075% high yield, a price of 99.994167.

The consumer confidence index fell to 59.7 in March from a downwardly revised 68.0 last month, The Conference Board reported Tuesday.

The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 1/8% coupon at a 0.245% yield, a price of 99.760733.

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, dropping from 0.090% the prior week, and the six-months incurred a 0.090% high rate, off from 0.135% the week before.