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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Monetary policy did not need to become more accommodative at the last meeting of the Federal Open Market Committee, according to Federal Reserve Bank of Minneapolis President Narayana Kocherlakota, so he dissented, according to a statement released Friday.
By Gary SiegelAugust 12 -
The Treasury Department today auctioned $16 billion of 30-year bonds with a 3 3/4% coupon at a 3.750% high yield, a price of 100.000000.
By Gary SiegelAugust 11 -
The Treasury Department today auctioned $16 billion of 30-year bonds with a 3 3/4% coupon at a 3.750% high yield, a price of 100.000000.
By Gary SiegelAugust 11 -
The Treasury Department said it will auction $12 billion four-year eight-month inflation-indexed bonds on Thursday, August 18.
By Gary SiegelAugust 11 -
The Treasury Department said Thursday it will auction $29 billion 91-day bills and $27 billion 182-day discount bills Monday.
By Gary SiegelAugust 11 -
The Treasury Department Wednesday auctioned $24 billion of 10-year notes with a 2 1/8% coupon at a 2.140% high yield, a price of 99.865607.
By Gary SiegelAugust 10 -
The Treasury Department auctioned $24 billion of 10-year notes with a 2 1/8% coupon at a 2.140% high yield, a price of 99.865607.
By Gary SiegelAugust 10 -
The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.035% high yield, a price of 99.997278.
By Gary SiegelAugust 9 -
The Treasury Department Tuesday auctioned $32 billion of three-year notes with a 1/2% coupon at a 0.500% yield, a price of par.
By Gary SiegelAugust 9 -
NEW YORK - The Treasury Department today auctioned $32 billion of three-year notes with a 1/2% coupon at a 0.500% yield, a price of par.
By Gary SiegelAugust 9 -
The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.035% high yield, a price of 99.997278.
By Gary SiegelAugust 9 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.045% high rate, down from 0.115% the previous week, and the six-months incurred a 0.065% high rate, off from 0.150% the week before.
By Gary SiegelAugust 8 -
The Conference Board’s employment trends index slid to 100.6 in July from an upwardly revised 100.9 in June, originally reported as 100.0, and is up 4.0% from a year ago, the group announced Monday.
By Gary SiegelAugust 8 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.045% high rate, down from 0.115% the prior week, and the six-months incurred a 0.065% high rate, off from 0.150% the week before.
By Gary SiegelAugust 8 -
The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
By Gary SiegelAugust 8 -
NEW YORK – The Conference Board’s Employment Trends Index (ETI) slid to 100.6 in July from an upwardly revised 100.9 in June, originally reported as 100.0, and is up 4.0% from a year ago, the group announced Monday.
By Gary SiegelAugust 8 -
The University of Michigan’s final July consumer sentiment index reading was 63.7, down from to the preliminary July 63.8 and the final June 71.5, according to market sources.
By Gary SiegelJuly 29 -
The Chicago Purchasing Managers’ Business Barometer slid to 58.8 in July from 61.1 in June, the National Association of Purchasing Management-Chicago said Friday.
By Gary SiegelJuly 29 -
The Midwest Economy Index slid to positive 0.37 in June from positive 0.85 in May, according to the Federal Reserve Bank of Chicago, as the index remained above its historical trend for the 16th straight month.
By Gary SiegelJuly 29 -
The University of Michigan's final July consumer sentiment index reading was 63.7, compared to the preliminary July 63.8, the final June 71.5, the preliminary June 71.8, and the final May 74.3 reading, according to market sources.
By Gary SiegelJuly 29