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 - 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 -
The Treasury Department Tuesday auctioned $28 billion of four-week bills at a 0.005% high yield, a price of 99.999611.
By Gary SiegelJuly 19 -
NEW YORK - The Treasury Department Tuesday auctioned $28 billion of four-week bills at a 0.005% high yield, a price of 99.999611.
By Gary SiegelJuly 19 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.020% high rate, down from 0.030% the previous week, and the six-months incurred a 0.060% high rate, off from 0.065%. Coupon equivalents were 0.020% and 0.061%, respectively.
By Gary SiegelJuly 18 -
Builders' confidence in the market for new single-family homes dropped as the National Association of Home Builders' housing market index, a monthly gauge of builder sentiment, grew to 15 in July from 13 in June.
By Gary SiegelJuly 18 -
NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.020% high rate, down from 0.030% the prior week, and the six-months incurred a 0.060% high rate, off from 0.065% the week before.
By Gary SiegelJuly 18 -
NEW YORK - The Treasury Department said Monday it will sell $28 billion of four-week discount bills Tuesday.
By Gary SiegelJuly 18 -
NEW YORK - Builders’ confidence in the market for new single-family homes dropped, as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – grew to 15 in July from 13 in June.
By Gary SiegelJuly 18 -
The University of Michigan’s preliminary July consumer sentiment index reading was 63.8, following the final June 71.5, the preliminary June 71.8, and the final May 74.3 reading according to market sources.
By Gary SiegelJuly 15 -
The Empire State Manufacturing Survey showed “conditions for New York manufacturers deteriorated for a second consecutive month,” the Federal Reserve Bank of New York reported Friday, as the general business conditions index improved to negative 3.76 in July from negative 7.79 in June.
By Gary SiegelJuly 15 -
NEW YORK - The University of Michigan's preliminary July consumer sentiment index reading was 63.8, compared to the final June 71.5, the preliminary June 71.8, and the final May 74.3 reading, according to market sources.
By Gary SiegelJuly 15