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 Friday sold $45 billion 58-day cash management bills, dated Feb. 18, due April 17, 2014, at a 0.050% high tender rate.
By Gary SiegelFebruary 14 -
Forecasters adjusted their estimates of economic growth down for this quarter but up for the following two quarters, according to the Federal Reserve Bank of Philadelphia's survey of Professional Forecasters, released Friday.
By Gary SiegelFebruary 14 -
The University of Michigan's preliminary February consumer sentiment index reading was 81.2, compared to the final January 81.2, the preliminary January 82.5, and the final December 80.4, according to market sources.
By Gary SiegelFebruary 14 -
January import prices rose 0.1% and export prices grew 0.2%, the U.S. Labor Department said Friday.
By Gary SiegelFebruary 14 -
The Treasury Department Thursday auctioned $16 billion of 30-year bonds with a 3 5/8% coupon at a 3.690% high yield, a price of 98.826296.
By Gary SiegelFebruary 13 -
The Treasury Department said Thursday it will auction $30 billion 91-day bills and $30 billion 182-day discount bills Tuesday.
By Gary SiegelFebruary 13 -
The Treasury Department said it will auction $45 billion 58-day cash management bills on Feb. 14.
By Gary SiegelFebruary 13 -
The Treasury Department said Thursday it will auction $9 billion 30-year inflation-indexed notes on Feb. 20.
By Gary SiegelFebruary 13 -
Business inventories rose 0.5% to $1.708 trillion in December, while sales increased 0.1% to $1.318 trillion, the Commerce Department reported Thursday.
By Gary SiegelFebruary 13 -
Retail sales slid 0.4% in January after dipping a revised 0.1% in December, originally reported as a 0.2% increase, the Commerce Department said Thursday.
By Gary SiegelFebruary 13 -
Initial jobless claims climbed 8,000 to 339,000 in the week ended February 8, the Labor Department said Thursday.
By Gary SiegelFebruary 13 -
The Treasury Department auctioned $24 billion of 10-year notes with a 2 3/4% coupon at a 2.795% high yield, a price of 99.609744.
By Gary SiegelFebruary 12 -
Inflation is expected to be 2.0% in the next 12 months, according to the Federal Reserve Bank of Atlanta's most recent business inflation expectations survey, slightly higher than the 1.9% rate forecast in the past two surveys.
By Gary SiegelFebruary 12 -
The too big to fail issue has not been solved, Federal Reserve Bank of Richmond President Jeffrey M. Lacker said Tuesday.
By Gary SiegelFebruary 12 -
Returning to a theme that's been popular with him, Federal Reserve Bank of Dallas President and CEO Richard W. Fisher, reiterated late Tuesday that monetary policy is solid and it is the obstacle to prosperity is the federal government.
By Gary SiegelFebruary 12 -
The Treasury Department Tuesday auctioned $30 billion of three-year notes with a 5/8% coupon at a 0.715% yield, a price of 99.734055.
By Gary SiegelFebruary 11 -
The Treasury Department Tuesday auctioned $8 billion of four-week bills at a 0.030% high yield, a price of 99.997667.
By Gary SiegelFebruary 11 -
With the labor market improving, the Federal Open Market Committee should step up the pace of tapering its asset purchases and stop buying before the unemployment rate dips to 6.5%, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser repeated Tuesday.
By Gary SiegelFebruary 11 -
Federal Reserve Board Chair Janet Yellen told Congress she expects to "continuity" in the Federal Open Market Committee's policy and she "strongly" supports the strategy, which she helped to craft as a member of the panel.
By Gary SiegelFebruary 11 -
The Treasury Department Monday sold $50 billion 72-day cash management bills, dated Feb. 11, due April 24, 2014, at a 0.090% high tender rate.
By Gary SiegelFebruary 10



