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 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, the Fed reported.
By Gary SiegelJuly 15 -
NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 10-month bonds with a 4 3/8% coupon at a 4.198% high yield, a price of 102.985551.
By Gary SiegelJuly 14 -
NEW YORK - The Treasury Department said Thursday it will auction $27 billion 91-day bills and $24 billion 182-day discount bills Monday.
By Gary SiegelJuly 14 -
NEW YORK - The Treasury Department said it will auction $13 billion 10-year inflation-protected notes on Thursday, July 21.
By Gary SiegelJuly 14 -
The economy is still weak and recovery showed only a brief flash of adequacy, so the United States must keep monetary policy accommodative until labor markets improve, Federal Reserve Bank of Boston president and chief executive officer Eric Rosengren said Wednesday.
By Gary SiegelJuly 13 -
The Federal Reserve is ready to adjust monetary policy as needed, chairman Ben Bernanke told Congress Wednesday.
By Gary SiegelJuly 13 -
NEW YORK – The economic outlook should continue to improve, Federal Reserve Bank of Dallas President and CEO Richard W. Fisher said Wednesday.
By Gary SiegelJuly 13 -
NEW YORK - The Treasury Department auctioned $21 billion of 9-year 10-month notes with a 3 1/8% coupon at a 2.918% high yield, a price of 101.753719.
By Gary SiegelJuly 13 -
NEW YORK - The Treasury Department Wednesday sold $5 billion 14-day cash management bills, dated July 14, due June 28, at a zero high tender rate.
By Gary SiegelJuly 13 -
NEW YORK – The Federal Reserve is ready to adjust monetary policy as needed, Federal Reserve Board Chairman Ben S. Bernanke told Congress Wednesday.
By Gary SiegelJuly 13 -
NEW YORK – The economy is still weak and recovery showed only a brief flash of adequacy, so the U.S. must keep monetary policy accommodative until labor markets improve, Federal Reserve Bank of Boston President and Chief Executive Officer Eric S. Rosengren said Wednesday.
By Gary SiegelJuly 13 -
Despite discussing exit strategy from its quantitative easing program, Federal Open Market Committee members expressed concern about a weakening labor market and a recovery that seemed slower than expected, according to minutes of the FOMC’s June 21-22 meeting released Tuesday.
By Gary SiegelJuly 12 -
NEW YORK – Despite discussing exit strategy from its quantitative easing, Federal Open Market Committee members expressed concern about a weakening labor market and a recovery that seemed slower than expected, according to minutes of its June 21-22 meeting.
By Gary SiegelJuly 12 -
NEW YORK - The Treasury Department today auctioned $32 billion of three-year notes with a 5/8% coupon at a 0.670% yield, a price of 99.866569.
By Gary SiegelJuly 12 -
NEW YORK - The Treasury Department Wednesday auctioned $28 billion of four-week bills at a 0.020% high yield, a price of 99.998444.
By Gary SiegelJuly 12 -
The Treasury Department said Monday that it will sell $28 billion of four-week discount bills Tuesday.
By Gary SiegelJuly 11 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.030% high rate, up from 0.025% the previous week, and the six-months incurred a 0.065% high rate, off from 0.080%.
By Gary SiegelJuly 11 -
The Conference Board’s Employment Trends Index rose to 100.0 in June from a downwardly revised 99.5 in May, originally reported as 99.7, and is up 5.4% from a year ago, the group announced Monday.
By Gary SiegelJuly 11 -
NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.030% high rate, up from 0.025% the prior week, and the six-months incurred a 0.065% high rate, off from 0.080% the week before.
By Gary SiegelJuly 11 -
NEW YORK - The Treasury Department said it will auction $5 billion 14-day cash management bills on Wednesday, July 13.
By Gary SiegelJuly 11