PREVIEW

Some of the business and economic events happening this week:

* Treasury Auction: The U.S. Treasury will sell $35 billion in bonds and notes this week, the first auctions since a steady dose of strong economic news last week pointed to a possible acceleration of U.S. growth and a possible rise in interest rates. Today, the Treasury will sell $15 billion in five-year notes, followed Wednesday by $10 billion in 10-year notes and Thursday by $10 billion in 30-year bonds.

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* Producing More: U.S. workers are becoming more productive, a Labor Department report is expected to show today, which helps explain why the Federal Reserve decided last week to hold interest rates steady. Analysts expect nonfarm productivity--which measures the time and effort that goes into providing goods and services--to have increased at a 3.9% annual rate in the fourth quarter, from 3% in the third.