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The Treasury Department Tuesday auctioned $50 billion of four-week bills at a 1.045% high yield, a price of 99.918722.

New York and Illinois deals top Tuesday’s new issue slate as municipal bond traders get ready to gobble up some deals in the primary.

President Donald Trump is seeking a qualified candidate and not necessarily a Ph.D. economist to serve as Federal Reserve chairman nominee Jerome Powell’s vice-chair.

Final demand PPI rose 0.4% in October, well above the 0.1% expected, and was up 0.4% excluding food and energy prices.

The Federal Reserve does not need to raise the federal funds rate target, as inflation has failed to reach 2%, Federal Reserve Bank of St. Louis President James Bullard said Tuesday.

Federal Reserve Chair nominee Jerome Powell has likened central bank communication to a popular Far Side cartoon: A man chides his dog Ginger about rooting through the trash, but all the dog hears is “Blah, blah, Ginger, blah, blah blah.”

Central bank communications are actually quite simple, but not as simple as U.S. presidential debates, according to Federal Reserve Bank of Chicago President Charles Evans.

Small businesses were more optimistic in October as sales expectations grew, according to National Federation of Independent Business.

At least 355 potential tax reform amendments were filed with the Senate Finance Committee on Monday.

Many coastal governments would see budget pressure and diminished tax-raising ability, analysts said.