Economic indicators

The gain in ETI was driven by positive contributions from all eight components.

Newly issued Treasury securities held in stripped form increased about $1.494 billion in July to a total of $251.081 billion, the Bureau of the Public Debt reported Friday.

Inflationary pressures eased in July.

The U.S. international trade gap narrowed in June to $43.6 billion, smaller than the $44.1 billion gap expected.

The July employment report released Friday, which showed nonfarm payrolls rose by a stronger-than-expected 209,000 following a net 2,000 upward revision to May-June payrolls, will be viewed by many as a sign of strength.

The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.

The value of new factory orders rose by 3% in June, right on the target expectation by analysts from an MNI survey. Nondurable goods orders fell 0.3%, but durable goods orders were revised slightly down to a still strong 6.4% rise, data released by the Commerce Department Thursday morning showed.

Initial claims for U.S. state unemployment benefits fell by 5,000 to 240,000 in the July 29 week, exactly as expected, following a small upward revision to the claims level in the previous week, data released by the Labor Department Thursday showed.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.990% high yield, a price of 99.923000.

Construction spending was down 1.3% in June, with a 0.1% decline in private construction and a steep 5.4% drop in public construction, data released by the Commerce Department Tuesday morning showed.

Personal income was unchanged in June, while nominal PCE was up 0.1%, and the core PCE price index posted another modest 0.1% gain, data released by the Commerce Department Tuesday morning showed.

A rebound in contract signings for the purchase of previously owned U.S. homes shows housing demand is stabilizing after a three-month downturn, National Association of Realtors figures released Monday showed.

The Employment Cost Index slowed to 0.5% gain in the second quarter, a slower pace than expected and down from the 0.8% gain in first quarter, data released by the Bureau of Labor Statistics Friday showed.

Second quarter GDP rose 2.6%, slightly less than the 2.7% pace expected, while first quarter growth was revised down modestly to a 1.2% pace from 1.4% rate previously reported, data released Friday by the Bureau of Economic Analysis showed.

The Treasury Department Thursday sold $20 billion 14-day cash management bills, dated August 1, due August 15, at a 1.010% high tender rate.

The Treasury Department auctioned $28 billion of seven-year notes, with a 2 1/4% coupon and a 2.126% high yield, a price of 99.993528.

The number of U.S. building permits issued in June was revised up to an increase of up 9.2% to a 1.275 million unit annual rate, the Commerce Department's Bureau of the Census said Thursday.

Initial claims for U.S. state unemployment benefits rose by 10,000 to 244,000 in the July 22 week, following a small upward revision to the claims level in the previous week, data released by the Labor Department Thursday showed.

The Treasury Department auctioned $34 billion of five-year notes, with a 1 7/8% coupon, a 1.884% high yield, a price of 99.957246.

The Treasury Department Wednesday auctioned $13 billion of two-year floating rate notes with a high discount margin of 0.060%, at a 0.060% spread, a price of 100.00000.