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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The Treasury Department auctioned $29 billion of seven-year notes, with a 2 3/8% coupon, a 2.430% high yield, a price of 99.647922.
By Gary SiegelJune 29 -
About 4,371,500 online employment postings appeared on leading Internet job boards in June, a decrease of 99,700 from May, the Conference Board reported Wednesday.
By Gary SiegelJune 29 -
Pending home sales surged 8.2% to an index reading of 88.8 in May, according to a report released Wednesday by the National Association of Realtors.
By Gary SiegelJune 29 -
NEW YORK - The Treasury Department auctioned $29 billion of seven-year notes, with a 2 3/8% coupon, a 2.430% high yield, a price of 99.647922.
By Gary SiegelJune 29 -
NEW YORK – About 4,371,500 online job postings appeared on leading Internet job boards in June, a decrease of 99,700 from May, The Conference Board reported Wednesday.
By Gary SiegelJune 29 -
NEW YORK - Pending home sales surged 8.2% to a reading of 88.8 in May, according to a report released Wednesday by the National Association of Realtors.
By Gary SiegelJune 29 -
The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/2% coupon, a 1.615% high yield, a price of 99.449734.
By Gary SiegelJune 28 -
"Manufacturing activity in the central Atlantic region firmed somewhat in June after stalling in May," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond.
By Gary SiegelJune 28 -
The consumer confidence index fell to 58.5 in June from an upwardly revised 61.7 last month, the Conference Board reported Tuesday.
By Gary SiegelJune 28 -
NEW YORK - The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/2% coupon, a 1.615% high yield, a price of 99.449734.
By Gary SiegelJune 28 -
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 SiegelJune 28 -
NEW YORK - The Treasury Department Tuesday auctioned $24 billion of 364-day bills at a 0.200% high yield, a price of 99.797778.
By Gary SiegelJune 28 -
NEW YORK – Service sector activity slowed in June, according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday, “Retail sales dipped overall and big-ticket sales suffered another drop, despite an uptick in shopper traffic. Inventories declined in June, according to retail merchants. Non-retail services providers' revenues also decelerated. Looking ahead six months, retailers expected the weakness would persist, while contacts at services firms remained optimistic.”
By Gary SiegelJune 28 -
NEW YORK – “Manufacturing activity in the central Atlantic region firmed somewhat in June after stalling in May,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond. “The index of overall activity steadied as a slightly positive reading for new orders coupled with solid employment growth offset a slightly negative reading for shipments. Other indicators were mixed, however. District contacts reported more moderate weakness in backlogs and capacity utilization, but noted that delivery times and finished goods inventories grew at a somewhat quicker pace.”
By Gary SiegelJune 28 -
NEW YORK - The consumer confidence index fell to 58.5 in June from an upwardly revised 61.7 last month, The Conference Board reported Tuesday.
By Gary SiegelJune 28 -
Texas factory activity, as measured by the production index, rose slower in June than in May, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.
By Gary SiegelJune 27 -
Claiming the tax system offers “incentives for destabilizing activities by banks and households,” Narayana Kocherlakota, the president of the Federal Reserve Bank of Minneapolis, said the code should be changed to reduce the mortgage interest deduction for households and to cut the amount of interest corporations can write-off.
By Gary SiegelJune 27 -
NEW YORK - The Treasury Department today auctioned $35 billion of two-year notes with a 3/8% coupon at a 0.395% yield, a price of 99.960197.
By Gary SiegelJune 27 -
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 0.025% high rate, down from 0.035% the prior week, and the six-months incurred a 0.095% high rate, off from 0.100% the week before.
By Gary SiegelJune 27 -
NEW YORK - The Treasury Department said Monday it will sell $28 billion of four-week discount bills Tuesday.
By Gary SiegelJune 27