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 Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.850% high yield, a price of 99.933889.
June 20 -
While he would prefer if Congress raised Treasury's borrowing limit before its August break, Treasury Secretary Steven Mnuchin said in a televised interview, even if a deal is not reached, the government will be "fine" until they return in September.
June 20 -
The region's non-manufacturing sector “continued to expand,” at a faster pace, as the general business conditions index increased to 33.6 in June from 25.6 in May, this month's Federal Reserve Bank of Philadelphia Report on Business, released Tuesday, indicates.
June 20 -
Low interest rates raise issues about financial stability and policymakers must take heed, Federal Reserve Bank of Boston President Eric Rosengren said Tuesday.
June 20 -
The equilibrium real interest rate is just above zero, Federal Reserve Bank of San Francisco researchers wrote in an Economic Letter released Monday.
June 19 -
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 1.010% high rate, up from 0.990% the prior week, and the six-months incurred a 1.120% high rate, up from 1.100% the week before.
June 19 -
The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
June 19 -
The Federal Reserve Board said it raised the discount rate to 1.75% from 1.5%, effective immediately.
June 15 -
The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.
June 15 -
Builders’ confidence in the market for new single-family homes slipped as the National Association of Home Builders' housing market index fell to 67 in June from a downwardly revised 69 in May.
June 15 -
Industrial production was flat in May, the Federal Reserve reported Thursday.
June 15 -
The region's manufacturing sector expanded in June, but at a slower pace than in May, as the general business conditions index decreased to 27.6 from 38.8 in May, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.
June 15 -
The Empire State Manufacturing Survey showed "business activity rebounded strongly in New York State," the Federal Reserve Bank of New York reported Thursday.
June 15 -
Federal Reserve Board Chair Janet Yellen said she has had no conversations with President Trump about her future as Fed chair.
June 14 -
The Federal Open Market Committee voted to raise the fed funds rate target 25 basis points to between 1% and 1.25%.
June 14 -
The Treasury Department Tuesday auctioned $12 billion of 29-year 11 month bonds with a 3% coupon at a 2.870% high yield, a price of 102.595435.
June 13 -
The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.885% high yield, a price of 99.931167.
June 13 -
Small business optimism held at a 104.5 level in May, the National Federation of Independent Business said Tuesday.
June 13 -
The federal government ran an $88.4 billion deficit in May, the Treasury Department reported Monday.
June 12 -
The Treasury Department auctioned $20 billion of 9-year 11-month notes with a 2 3/8% coupon at a 2.195% high yield, a price of 101.594378.
June 12
