Gary Siegel is a journalist with more than 35 years of experience. He started his professional career at the Long Island Journal newspapers based in Long Beach, N.Y., working his way up from reporter to Assistant Managing Editor. Siegel also worked for Prentice-Hall in Paramus, N.J., covering human resources issues. Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.
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The economy will “probably not” rebound in the last half of 2017, according to Federal Reserve Bank of St. Louis President James Bullard, and don’t expect inflation to suddenly turn around either.
By Gary SiegelSeptember 27 -
The Treasury Department auctioned $34 billion of five-year notes, with a 1 7/8% coupon, a 1.911% high yield, a price of 99.829191.
By Gary SiegelSeptember 27 -
The Treasury Department auctioned $13 billion of one-year 10-month floating rate notes at a 0.060% spread.
By Gary SiegelSeptember 27 -
U.S. durable goods orders climbed 1.7% in August, while excluding transportation orders were up 0.2%, the Commerce Department reported Thursday.
By Gary SiegelSeptember 27 -
The Treasury Department Tuesday auctioned $26 billion of two-year notes with a 1 3/8% coupon at a 1.462% yield, a price of 99.829541.
By Gary SiegelSeptember 26 -
Given the numerous uncertainties in the economy, gradual rate hikes remain the best course, Federal Reserve Board Chair Janet Yellen said.
By Gary SiegelSeptember 26 -
While monetary policy is not “overly easy,” Atlanta Fed President Raphael Bostic said his mind is open about tightening.
By Gary SiegelSeptember 26 -
The consumer confidence index decreased to 119.8 in September from a revised 120.4 last month.
By Gary SiegelSeptember 26 -
Service sector activity “remained generally upbeat in September.”
By Gary SiegelSeptember 26 -
Manufacturing in the central Atlantic region “largely unchanged in August.”
By Gary SiegelSeptember 26