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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Newly issued Treasury securities held in stripped form increased about $1.580 billion in February to a total of $208.615 billion, the Bureau of the Public Debt reported Thursday.
By Gary SiegelMarch 6 -
Now is the time to bring monetary policy back to normal and for the Federal Reserve, and other central banks to back away from the "interventionist" role they have taken since the crisis, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Thursday.
By Gary SiegelMarch 6 -
New orders for manufactured goods slumped 0.7% in January, after dropping 2.0% in December, the Commerce Department reported Thursday.
By Gary SiegelMarch 6 -
Initial jobless claims fell 26,000 to 323,000 in the week ended March 1, the Labor Department said Thursday.
By Gary SiegelMarch 6 -
The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.
By Gary SiegelMarch 6 -
The U.S failed to take advantage of three great opportunities during a period of "unprecedented liquidity and low interest," by not reforming Social Security and Medicare, not passing strong regulatory reforms, and by not restructuring government debt, Federal Reserve Bank of Dallas President Richard Fisher said Wednesday
By Gary SiegelMarch 5 -
The economy continued to improve modestly to moderately through early February, although weather dampened activity, according to the Beige Book, released by the Federal Reserve on Wednesday.
By Gary SiegelMarch 5 -
The U.S. services sector expanded at a slightly slower pace in February as the non-manufacturing business activity composite index was 51.6 in the month, compared to 54.0 in January, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.
By Gary SiegelMarch 5 -
The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.045% high yield, a price of 99.996500.
By Gary SiegelMarch 4 -
The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.120% high yield, a price of 99.878667.
By Gary SiegelMarch 4 -
New York City business activity grew at a slower pace in February, as the current business conditions index dropped to 57.0 from 64.4 in January, the Institute for Supply Management-New York's Report on Business index, released Tuesday, indicated.
By Gary SiegelMarch 4 -
The Federal Reserve will raise interest rates in the middle of next year, Federal Reserve Bank of San Francisco President John Williams predicted, and suggested verbal forward guidance should replace numerical guidance.
By Gary SiegelMarch 4 -
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.050% high rate, up from 0.045% the prior week, and the six-months incurred a 0.080% high rate, up from 0.075% the week before.
By Gary SiegelMarch 3 -
The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
By Gary SiegelMarch 3 -
Construction spending rose 0.1% in January, the Commerce Department said, 9.3% above the January 2013 level.
By Gary SiegelMarch 3 -
The overall economy grew for the fifty-seventh straight time, while the manufacturing sector expanded for the ninth consecutive month, the Institute for Supply Management reported Monday.
By Gary SiegelMarch 3 -
Personal income rose 0.3% or $43.9 billion in January following an unrevised flat reading in December, the Commerce Department reported Monday.
By Gary SiegelMarch 3 -
Clear communication is required for effective monetary policy strategy, Federal Reserve Bank of Chicago President and Chief Executive Officer Charles L. Evans said Friday.
By Gary SiegelFebruary 28 -
The Federal Open Market Committee must decide what the purpose of forward guidance is going to be, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Friday.
By Gary SiegelFebruary 28 -
The Treasury Department Tuesday sold $20 billion 66-day cash management bills, dated March 3, due May 8, at a 0.050% high tender rate.
By Gary SiegelFebruary 28


