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 said Thursday it will auction $42 billion 91-day bills and $42 billion 182-day discount bills Monday.
By Gary SiegelFebruary 6 -
Non-farm productivity rose 3.2% in the fourth quarter, according to the preliminary data released by the Bureau of Labor Statistics Thursday.
By Gary SiegelFebruary 6 -
Initial jobless claims dropped 20,000 to 334,000 in the week ended February 1, the Labor Department said Thursday.
By Gary SiegelFebruary 6 -
The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.
By Gary SiegelFebruary 6 -
The Federal Open Market Committee will continue cutting asset purchases by $10 billion each meeting and bring the QE3 program to an end later this year, according to Atlanta Federal Reserve Bank President Dennis Lockhart.
By Gary SiegelFebruary 5 -
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%, "which is likely during the first half of the year," Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Wednesday.
By Gary SiegelFebruary 5 -
About 5,232,000 online job postings appeared on leading Internet job boards in January, a decrease of 56,800 from December, the Conference Board reported Wednesday.
By Gary SiegelFebruary 5 -
The U.S. services sector expanded at a slightly faster pace in January as the non-manufacturing business activity composite index was 54.0 in the month, compared to 53.0 in December, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.
By Gary SiegelFebruary 5 -
The Treasury Department will sell $16 billion 30 year bonds on Thursday, Feb. 13, $24 billion 10 year notes on Wednesday, Feb.12, and $30 billion 3-year notes on Tuesday, Feb. 11, in its quarterly refunding.
By Gary SiegelFebruary 5 -
Monetary policy needs to remain accommodative, as policy benefits continue to outweigh risks, Federal Reserve Bank of Chicago President and Chief Executive Officer Charles L. Evans said Tuesday.
By Gary SiegelFebruary 4 -
The Treasury Department Tuesday auctioned $8 billion of four-week bills at a 0.130% high yield, a price of 99.989889.
By Gary SiegelFebruary 4 -
The Treasury Department Tuesday auctioned $18 billion of 364-day bills at a 0.115% high yield, a price of 99.883722.
By Gary SiegelFebruary 4 -
New orders for manufactured goods slumped 1.5% in December, after surging 1.5% in November, the Commerce Department reported Tuesday.
By Gary SiegelFebruary 4 -
New York City business activity grew at a quicker pace in January, as the current business conditions index grew to 64.4 from 63.8 in December, the Institute for Supply Management-New York's Report on Business index, released Tuesday, indicated.
By Gary SiegelFebruary 4 -
With various labor market indicators showing improvement, Federal Reserve Bank of Richmond President Jeffrey Lacker said he expects the Federal Open Market Committee will continue to reduce its asset purchases at future meetings.
By Gary SiegelFebruary 4 -
The Treasury Department will borrow an estimated $284 billion of debt in the first quarter of 2014, it announced Monday, and will end the quarter with a $130 billion cash balance.
By Gary SiegelFebruary 3 -
Banks generally eased lending standards on loans and saw greater demand, except for mortgages, where as many banks tightened standards as eased and demand fell, according to the January 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices, released by the Fed Monday.
By Gary SiegelFebruary 3 -
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.040% high rate, down from 0.055% the prior week, and the six-months incurred a 0.060% high rate, off from 0.065% the week before.
By Gary SiegelFebruary 3 -
The Treasury Department said Monday it will sell $8 billion of four-week discount bills Tuesday.
By Gary SiegelFebruary 3 -
The overall economy grew for the fifty-sixth straight time, while the manufacturing sector expanded for the eighth consecutive month, the Institute for Supply Management reported Monday.
By Gary SiegelFebruary 3



