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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Weakness in the housing markets has held back economic recovery, but no one thing will solve housing’s woes, Federal Reserve Board chairman Ben S. Bernanke said Friday.
By Gary SiegelFebruary 10 -
Weakness in the housing markets have held back economic recovery, but “no single solution” will solve housing’s woes, Federal Reserve Board Chairman Ben S. Bernanke said Friday.
By Gary SiegelFebruary 10 -
The University of Michigan's final January consumer sentiment index reading was 72.5, compared to the final January 75.0, the preliminary January 74.0 reading, and the December 69.9, according to market sources.
By Gary SiegelFebruary 10 -
The Treasury Department Thursday auctioned $16 billion of 30-year bonds with a 3 1/8% coupon at a 3.240% high yield and a price of 97.803940.
By Gary SiegelFebruary 9 -
The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.
By Gary SiegelFebruary 9 -
The Treasury Department today auctioned $16 billion of 30-year bonds with a 3 1/8% coupon at a 3.240% high yield, a price of 97.803940.
By Gary SiegelFebruary 9 -
The Treasury Department said it will auction $20 billion 64-day cash management bills on Tuesday, Feb. 14.
By Gary SiegelFebruary 9 -
The Treasury Department said Thursday it will auction $9 billion 30-year inflation-indexed notes on Thursday, Feb. 16.
By Gary SiegelFebruary 9 -
The Treasury Department said Thursday it will auction $33 billion 91-day bills and $31 billion 182-day discount bills Monday.
By Gary SiegelFebruary 9 -
The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.
By Gary SiegelFebruary 9 -
The Treasury Department Wednesdahy auctioned $24 billion of 10-year notes with a 2% coupon at a 2.020% high yield and a price of 99.819726.
By Gary SiegelFebruary 8 -
If the economic recovery stalls, more policy accommodation would be in order, most likely the Fed’s buying of mortgage-backed securities, Federal Reserve Bank of San Francisco president and chief executive John C. Williams said Wednesday.
By Gary SiegelFebruary 8 -
The Treasury Department auctioned $24 billion of 10-year notes with a 2% coupon at a 2.020% high yield, a price of 99.819726.
By Gary SiegelFebruary 8 -
If the economic recovery stalls, more policy accommodation would be in order, most likely the Fed’s buying of mortgage-backed securities, Federal Reserve Bank of San Francisco President and CEO John C. Williams said Wednesday.
By Gary SiegelFebruary 8 -
The tax-exempt market continued to weaken for the fourth consecutive trading session as yields are just too low to be attractive anymore.
By Gary SiegelFebruary 8 -
The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 1/4% coupon at a 0.347% yield, a price of 99.710759. The bid-to-cover ratio was 3.30. Tenders at the high yield were allotted 12.68%.
By Gary SiegelFebruary 7 -
Consumer credit increased by $19.3 billion, or 9.3%, in December to $2.479.0 trillion, the Federal Reserve reported Tuesday.
By Gary SiegelFebruary 7 -
Consumer credit increased by $19.3 billion, or 9.3%, in December to $2.479.0 trillion, the Federal Reserve reported Tuesday.
By Gary SiegelFebruary 7 -
The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 1/4% coupon at a 0.347% yield, a price of 99.710759.
By Gary SiegelFebruary 7 -
The Treasury Department Tuesday auctioned $26 billion of 364-day bills at a 0.140% high yield, a price of 99.858444.
By Gary SiegelFebruary 7