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 University of Michigan's preliminary November consumer sentiment index reading was 64.2, compared to the final October 60.9, and the final September 59.4, according to market sources.
By Gary SiegelNovember 11 -
The U.S. economy and financial system remain vulnerable to another asset bubble, and there is "significant risk" of one developing, John C. Williams, president and chief executive of the Federal Reserve Bank of San Francisco, said Friday.
By Gary SiegelNovember 11 -
The U.S. economy and financial system remain vulnerable to another asset bubble, and there is “significant risk” of one developing, according to Federal Reserve Bank of San Francisco President and CEO John C. Williams.
By Gary SiegelNovember 11 -
The University of Michigan's preliminary November consumer sentiment index reading was 64.2, compared to the final October 60.9, the preliminary October 57.5, and the final September 59.4, according to market sources.
By Gary SiegelNovember 11 -
The federal government posted a $98.5 billion budget deficit in October, down from the $140.4 billion deficit last October, but up from September’s $64.6 billion shortage, the Treasury Department reported Thursday.
By Gary SiegelNovember 10 -
The Treasury Department today auctioned $16 billion of 30-year bonds with a 3 1/8% coupon at a 3.199% high yield, a price of 98.579514.
By Gary SiegelNovember 10 -
The Treasury Department said it will auction $11 billion 9-year 8month inflation-protected notes on Thursday, November 17.
By Gary SiegelNovember 10 -
The Treasury Department said Thursday it will auction $29 billion 91-day bills and $27 billion 182-day discount bills Monday.
By Gary SiegelNovember 10 -
The Treasury Department said it will auction $25 billion year bills on Tuesday, November 15.
By Gary SiegelNovember 10 -
The Treasury Department Wednesday auctioned $24 billion of 10-year notes with a 2% coupon at a 2.030% high yield and a price of 99.729725.
By Gary SiegelNovember 9 -
The Treasury Department auctioned $24 billion of 10-year notes with a 2% coupon at a 2.030% high yield, a price of 99.729725.
By Gary SiegelNovember 9 -
Voters in Texas approved propositions that will allow the Texas Water Development Board to issue additional bonds as long as no more than $6 billion are outstanding at any one time and issuance of up to $1.86 billion of general obligation bonds to finance the long-standing Hinson-Hazelwood College Student Loan Program.
By Gary SiegelNovember 9 -
Public contingency planning should be part of the Federal Reserve’s strategy going forward, Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, said Tuesday.
By Gary SiegelNovember 8 -
Though it would not end difficult policy choices, an explicit monetary policy framework would improve effectiveness, Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said Tuesday, noting that he would take more steps than just flexible inflation targeting.
By Gary SiegelNovember 8 -
Although it would not end difficult policy choices, an explicit monetary policy framework would improve monetary policy’s effectiveness, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Tuesday, noting that he would take even more steps than just flexible inflation targeting.
By Gary SiegelNovember 8 -
Public contingency planning should be part of the Federal Reserve’s strategy going forward, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said Tuesday.
By Gary SiegelNovember 8 -
The Treasury Department today auctioned $32 billion of three-year notes with a 3/8% coupon at a 0.379% yield, a price of 99.988079.
By Gary SiegelNovember 8 -
The Treasury Department Tuesday auctioned $35 billion of four-week bills at a zero high yield, a price of par.Tues
By Gary SiegelNovember 8 -
The Conference Board’s Employment Trends Index grew to 101.92 in October from an upwardly revised 101.20 in September, originally reported as 100.95, and is up 5.0% from a year ago, the group announced Monday.
By Gary SiegelNovember 7 -
A “less favorable” or “more uncertain” economic forecast meant fewer domestic banks eased lending standards in the third quarter than in previous quarters, according to the latest Federal Reserve senior loan officer opinion survey on bank lending practices.
By Gary SiegelNovember 7
