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 New York region's service sector activity "expanded modestly," according to the Federal Reserve Bank of New York's September Business Leaders Survey, released Monday.
September 18 -
The University of Michigan's preliminary September consumer sentiment index reading was 95.3, compared to the final August 96.8 and the preliminary August 97.6, according to market sources.
September 15 -
Industrial production plunged 0.9% in August, the Federal Reserve reported Friday.
September 15 -
Retail sales slid 0.2% in August after gaining a revised 0.3% in July, originally reported as a 0.6% increase, the Commerce Department said Friday.
September 15 -
The Empire State Manufacturing Survey showed "business activity continued to grow strongly in New York State."
September 15 -
The Treasury Department said Thursday it will auction $42 billion 91-day bills and $36 billion 182-day discount bills Monday.
September 14 -
The federal government ran a $107.7 billion deficit in August, the Treasury Department reported Thursday.
September 13 -
The Treasury Department Wednesday auctioned $12 billion of 29-year 11-month bonds with a 2 3/4% coupon at a 2.790% high yield, a price of 99.189503.
September 13 -
The Treasury Department auctioned $20 billion of 9-year 11-month notes with a 2 1/4% coupon at a 2.180% high yield, a price of 100.619500.
September 12 -
The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.970% high yield, a price of 99.924556.
September 12 -
Small businesses were more optimistic on a “surge in capital spending and high sales expectations,” according to the National Federation of Independent Business' monthly Small Business Optimism index.
September 12 -
The Treasury Department Monday auctioned $24 billion of three-year notes with a 1 3/8% coupon at a 1.433% high yield, a price of 99.830281.
September 11 -
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher.
September 11 -
The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
September 11 -
Consumers’ inflation expectations held for one-year, but dipped for the three-year horizon, according to the August Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
September 11 -
Consumer credit increased by $18.5 billion in July to $3.753 trillion, the Federal Reserve reported Friday.
September 8 -
The Treasury Department Friday sold $20 billion 7-day cash management bills, dated Sept. 8, due Sept. 15, at a 1.010% high tender rate.
September 8 -
The Treasury Department said it will auction $20 million 7-day cash management bills on Sept. 8.
September 8 -
Newly issued Treasury securities held in stripped form increased about $3.212 billion in August to a total of $254.293 billion, the Bureau of the Public Debt reported Thursday.
September 7 -
Gradual rate hikes are likely to remain necessary, and the normalization of the Federal Reserve’s balance sheet should not cause a “sudden or sizable increase in long-term yields,” Federal Reserve Bank of Cleveland President Loretta Mester said Thursday.
September 7
