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 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.
February 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.
February 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.
February 3 -
The Treasury Department said Monday it will sell $8 billion of four-week discount bills Tuesday.
February 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.
February 3 -
Construction spending rose 0.1% in December, the Commerce Department said, 5.3% above the December 2012 level.
February 3 -
Continuation of extremely accommodative monetary policies by the Federal Reserve could jeopardize economies of other countries, Kansas City Federal Reserve Bank President Esther George warned Friday.
January 31 -
The University of Michigan's final January consumer sentiment index reading was 81.2, compared to the preliminary January 82.5, the final December 80.4, and the preliminary December 82.5, according to market sources.
January 31 -
The Chicago Purchasing Managers' Business Barometer dipped to 59.6 in January from 60.8 in December, the National Association of Purchasing Management-Chicago said Friday.
January 31 -
The Midwest Economy Index grew to 0.48 in November from an upwardly revised 0.33 in November, first reported as 0.27, the Federal Reserve Bank of Chicago reported Friday.
January 31 -
The Treasury Department auctioned $29 billion of seven-year notes, with a 2 1/8% coupon, a 2.190% high yield, a price of 99.580282.
January 30 -
The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/2% coupon, a 1.572% high yield, a price of 99.655086.
January 30 -
The Treasury Department said it will auction $18 billion year bills on Feb. 4.
January 30 -
The Treasury Department said Thursday it will auction $28 billion 91-day bills and $20 billion 182-day discount bills Monday.
January 30 -
Pending home sales plunged 8.7% to an index reading of 92.4 in December, after a revised 0.3% decline to 101.2 in November, according to a report released Thursday by the National Association of Realtors.
January 30 -
The seasonally adjusted Milwaukee Report on Business slid to 52.8 in January from 54.3 in December, the Institute for Supply Management-Milwaukee reported Thursday.
January 30 -
Initial jobless claims climbed 19,000 to 346,000 in the week ended January 25, the Labor Department said Thursday.
January 30 -
The Treasury Department Wednesday auctioned $15 billion of two-year floating rate notes with a high discount margin of 0.045%, at a 0.045% spread, a price of par.
January 29 -
The Institute for Supply Management revised its December manufacturing index to 56.5 from 57.0, as a result of seasonal adjustments, the group said Wednesday.
January 29 -
The Treasury Department Tuesday auctioned $32 billion of two-year notes with a 3/8% coupon at a 0.380% yield, a price of 99.990047.
January 28
