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 today auctioned $13 billion of 29-year 11-month bonds with a 3 3/4% coupon at a 3.310% high yield, a price of 108.310327.
By Gary SiegelSeptember 14 -
The Treasury Department auctioned $21 billion of 9-year 11-month notes with a 2 1/8% coupon at a 2.000% high yield, a price of 101.1176812
By Gary SiegelSeptember 13 -
The Treasury Department Tuesday auctioned $27 billion of four-week bills at a zero high yield, a price of par.
By Gary SiegelSeptember 13 -
Automatic cuts would lop about $1.1 trillion between 2013 and 2021 if Congress doesn’t pass deficit-reduction legislation, according to Congressional Budget Office estimates.
By Gary SiegelSeptember 12 -
The Federal Reserve has done its job to spur economic growth, and it is now up to employers to get the economy moving, Federal Reserve Bank of Dallas president Richard Fisher said Monday.
By Gary SiegelSeptember 12 -
The Federal Reserve has done its job to spur economic growth, and it is now up to employers to get the economy moving, Federal Reserve Bank of Dallas President Richard Fisher said Monday.
By Gary SiegelSeptember 12 -
Automatic cuts would lop about $1.1 trillion between 2013 and 2021 if Congress doesn’t pass deficit reduction legislation, according to Congressional Budget Office estimates.
By Gary SiegelSeptember 12 -
The Treasury Department today auctioned $32 billion of three-year notes with a 1/4% coupon at a 0.334% yield, a price of 99.749466.
By Gary SiegelSeptember 12 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.010% high rate, off from 0.030% the prior week, and the six-months incurred a 0.050% high rate, down from 0.070% the week before.
By Gary SiegelSeptember 12 -
The Treasury Department said Monday it will sell $27 billion of four-week discount bills Tuesday.
By Gary SiegelSeptember 12 -
Reiterating that the Federal Reserve has a “range of tools” that would provide economic stimulus, its chairman, Ben Bernanke, said the Federal Open Market Committee will do what is needed to promote a stronger recovery with an eye on price stability.”
By Gary SiegelSeptember 8 -
Reiterating that the Federal Reserve has a “range of tools” that would provide economic stimulus, Federal Reserve Board Chairman Ben Bernanke said the Federal Open Market Committee is prepared to do what is needed “to promote a stronger economic recovery in a context of price stability.”
By Gary SiegelSeptember 8 -
The Treasury Department said it will auction $13 billion 29-year, 11-month notes on Wednesday, Sept. 14.
By Gary SiegelSeptember 8 -
The Treasury Department said it will auction $32 billion three-year notes on Monday, Sept. 12.
By Gary SiegelSeptember 8 -
The Treasury Department said Thursday it will auction $29 billion 91-day bills and $27 billion 182-day discount bills Monday.
By Gary SiegelSeptember 8 -
The Treasury Department said it will auction $21 billion 9-year, 11-month notes on Tuesday, Sept. 13.
By Gary SiegelSeptember 8 -
The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.
By Gary SiegelSeptember 8 -
The overall economy grew for the twenty-seventh straight time, while the manufacturing sector expanded for the twenty- fifth time, the Institute for Supply Management reported Thursday.
By Gary SiegelSeptember 1 -
The Treasury Department said it will auction $15 billion 8-day cash management bills on Tuesday, September 6.
By Gary SiegelSeptember 1 -
The Treasury Department said Thursday it will auction $29 billion 91-day bills and $27 billion 182-day discount bills Tuesday.
By Gary SiegelSeptember 1