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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Without the benefit of a larger new-issue calendar, secondary trading is likely to continue the theme of the final two months of 2020: more bidders than bonds.
January 5 -
Federal Reserve Bank of Chicago President Charles Evans says monetary policy will need to remain “accommodative for quite a while,” since inflation won’t hit a 2% average for “a long time.”
January 4 -
The Federal Reserve's Summary of Economic Projections forecasts inflation won't hit its 2% target next year, and others agree.
December 18 -
The Federal Open Market Committee announcement commits it to buying at least $120 billion of securities a month until “substantial further progress” is made on its dual mandate of stable prices and maximum employment, suggesting it will continue well into 2022.
December 16 -
The rising number of COVID-19 cases and the restrictions imposed to stop its spread, led to a pullback in consumer spending and has a regional service sector reeling.
December 16 -
The deal helped pave the way for the reopening of the capital markets for not-for-profit health systems amid the then-insurgent COVID-19 pandemic.
December 11 -
The 245,000 increase in nonfarm payrolls indicated a slowing, and with lockdowns rising, December's numbers could fall again.
December 4 -
Christopher Waller was confirmed to a seat on the Federal Reserve Board on Thursday by a 48-47 vote along party lines.
December 3 -
The consumer confidence index suggested expectations have slipped, and the Richmond Fed's services survey also offered a dim view ahead.
November 24 -
With rates at the effective lower bound, increased asset purchases will be the Fed’s main monetary policy easing tool going forward, and that's what analysts will be scanning the FOMC minutes for.
November 23
