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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NEW YORK – While the economy continued to grow, the pace “moderated” in many districts, the Federal Reserve’s Beige Book suggested.
By Gary SiegelJuly 27 -
NEW YORK - The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/2% coupon, a 1.580% high yield, a price of 99.617012.
By Gary SiegelJuly 27 -
NEW YORK - The Treasury Department Wednesday sold $12 billion 5-day cash management bills, dated July 28, due Aug. 2, at a zero high tender rate.
By Gary SiegelJuly 27 -
NEW YORK - The Chicago Fed Midwest Manufacturing Index was unchanged in June at a seasonally adjusted level of 84.0, as two of the four regional sectors showed improvement, the Federal Reserve Bank of Chicago reported Wednesday.
By Gary SiegelJuly 27 -
“Manufacturing activity in the central Atlantic region stalled in July after firming somewhat in June,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond.
By Gary SiegelJuly 26 -
The consumer confidence index rose to 59.5 in July from a downwardly revised 57.6 last month, the Conference Board reported Tuesday.
By Gary SiegelJuly 26 -
NEW YORK - The Treasury Department today auctioned $35 billion of two-year notes with a 3/8% coupon at a 0.417% yield, a price of 99.916547.
By Gary SiegelJuly 26 -
NEW YORK - The Treasury Department Tuesday auctioned $20 billion of 364-day bills at a 0.200% high yield, a price of 99.797778.
By Gary SiegelJuly 26 -
NEW YORK - The Treasury Department Tuesday auctioned $18 billion of four-week bills at a 0.055% high yield, a price of 99.995722.
By Gary SiegelJuly 26 -
NEW YORK – Service sector activity improved in July, according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday, “Retail sales rose sharply, despite lagging big-ticket sales and weaker shopper traffic. Retail inventories dropped. Non-retail services firms also reported stronger revenues this month. Looking ahead, survey participants expected stronger demand for goods and services through the end of the 2011 holiday season.”
By Gary SiegelJuly 26 -
NEW YORK - The consumer confidence index rose to 59.5 in July from a downwardly revised 57.6 last month, The Conference Board reported Tuesday.
By Gary SiegelJuly 26 -
NEW YORK – “Manufacturing activity in the central Atlantic region stalled in July after firming somewhat in June,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond. “The index of overall activity was pushed lower as growth in new orders and shipments edged into negative territory. Employment, however, continued to grow but at a pace below June's rate. Other indicators also suggested softer activity. District contacts reported that backlogs and capacity utilization fell further, but noted that delivery times and raw material goods inventories grew at a somewhat quicker pace.”
By Gary SiegelJuly 26 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.060% high rate, up from 0.020% the week before, and the six-months incurred a 0.100% high rate, up from 0.060%.
By Gary SiegelJuly 25 -
Texas factory activity, as measured by the production index, rose faster in July than in June, according to the monthly business activity survey by the Federal Reserve Bank of Dallas.
By Gary SiegelJuly 25 -
The Chicago Fed national activity index for June improved to negative 0.46 from a revised negative 0.55 reading in May, the Federal Reserve Bank of Chicago reported Monday.
By Gary SiegelJuly 25 -
NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.060% high rate, up from 0.020% the prior week, and the six-months incurred a 0.100% high rate, up from 0.060% the week before.
By Gary SiegelJuly 25 -
NEW YORK - Texas factory activity, as measured by the production index, rose faster in July than in June, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.
By Gary SiegelJuly 25 -
NEW YORK - The Treasury Department said it will auction $12 billion 5-day cash management bills on Wednesday, July 27.
By Gary SiegelJuly 25 -
NEW YORK - The Treasury Department said Monday it will sell $18 billion of four-week discount bills Tuesday.
By Gary SiegelJuly 25 -
NEW YORK - The Chicago Fed National Activity Index for June improved to negative 0.46 from a revised negative 0.55 reading in May, while the three-month moving average (CFNAI-MA3) slipped to negative 0.60 in June, from May’s revised negative 0.31, the Federal Reserve Bank of Chicago reported Monday.
By Gary SiegelJuly 25