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 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 -
NEW YORK - The Treasury Department said Monday it will sell $28 billion of four-week discount bills Tuesday.
By Gary SiegelJuly 11 -
NEW YORK – The Conference Board’s Employment Trends Index (ETI) 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 -
Inflationary pressures were lower in June, as the future inflation gauge slid to 101.0 from a revised 101.3 in May, originally reported as 101.0, according to data released Friday by the Economic Cycle Research Institute.
By Gary SiegelJuly 8 -
NEW YORK - U.S. inflationary pressures were lower in June, as the U.S. future inflation gauge slid to 101.0 from a revised 101.3 in May, originally reported as 101.0, according to data released Friday morning by the Economic Cycle Research Institute.
By Gary SiegelJuly 8 -
The European Central Bank announced that its Governing Council raised interest rates 25 basis points, as expected, at its latest monetary policy meeting Thursday.
By Gary SiegelJuly 7 -
NEW YORK – Newly issued Treasury securities held in stripped form decreased about $893 million in June to a total of $204.323 billion, the Bureau of the Public Debt reported Thursday.
By Gary SiegelJuly 7 -
NEW YORK - The Treasury Department said it will auction $32 billion three-year notes on Tuesday, June 12.
By Gary SiegelJuly 7 -
NEW YORK - The Treasury Department said it will auction $13 billion 29-year, 10-month notes on Thursday, July 14.
By Gary SiegelJuly 7 -
NEW YORK - The Treasury Department said it will auction $21 billion 9-year, 10-month notes on Wednesday, July 13.
By Gary SiegelJuly 7 -
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 7