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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Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.050% high rate, off from 0.100% the previous week, and the six-months incurred a 0.130% high rate, down from 0.170%.
By Gary SiegelApril 4 -
The Conference Board’s employment trends index rose to 100.9 in February from a downwardly revised 100.3 in February, originally reported as 101.7, and is up 8% from a year ago, the group announced Monday.
By Gary SiegelApril 4 -
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 0.050% high rate, off from 0.100% the prior week, and the six-months incurred a 0.130% high rate, down from 0.170% the week before.
By Gary SiegelApril 4 -
NEW YORK - The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.
By Gary SiegelApril 4 -
NEW YORK – The Conference Board’s Employment Trends Index (ETI) rose to 100.9 in February from a downwardly revised 100.3 in February, originally reported as 101.7, and is up 8% from a year ago, the group announced Monday.
By Gary SiegelApril 4 -
When discussing the exit from monetary policy accommodation, the question isn’t whether the Fed has the tools — the more important aspects are the timing and the pace, Federal Reserve Bank of Philadelphia president Charles I. Plosser said Friday.
By Gary SiegelApril 1 -
The overall economy grew for the 22nd straight time, while the manufacturing sector expanded for the 20th time, the Institute for Supply Management reported Friday.
By Gary SiegelApril 1 -
SAN JUAN, Puerto Rico - New York Federal Reserve Bank President William Dudley said Friday that the Fed "can be patient" about withdrawing monetary stimulus so long as people remain confident in the Fed's ability and will to do so and so long as inflation expectations remain well-anchored.
By Gary SiegelApril 1 -
NEW YORK - U.S. inflationary pressures were higher in March, as the U.S. future inflation gauge grew to 104.9 from a revised 103.6 in February, originally reported as 102.1, according to data released this morning by the Economic Cycle Research Institute.
By Gary SiegelApril 1 -
NEW YORK – The overall economy grew for the twenty-second straight time, while the manufacturing sector expanded for the twentieth time, the Institute for Supply Management reported Friday.
By Gary SiegelApril 1 -
NEW YORK – When discussing the exit from monetary policy accommodation, the question isn’t whether the Fed has the tools, the more important aspects are the timing and the pace, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Friday.
By Gary SiegelApril 1 -
New York City business activity expanded at its slowest pace in three months, according to the Institute for Supply Management-New York’s Report on Business current conditions index.
By Gary SiegelMarch 31 -
The Chicago Purchasing Managers’ Business Barometer slid to 70.6 in March from 71.2 in February, the National Association of Purchasing Management-Chicago said Thursday.
By Gary SiegelMarch 31 -
NEW YORK - The Treasury Department said Thursday it will auction $32 billion 91-day bills and $30 billion 182-day discount bills Monday.
By Gary SiegelMarch 31 -
NEW YORK - The Treasury Department said it will auction $24 billion year bills on Tuesday, April 5.
By Gary SiegelMarch 31 -
NEW YORK - Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “accelerated rapidly in March, posting a record high for the second straight month. Expectations moderated slightly from last month, but still remained solid. Price indexes for raw materials reached historically high levels, and more firms indicated plans to pass cost increases on to customers,” according to the bank’s monthly manufacturing survey, released Thursday.
By Gary SiegelMarch 31 -
NEW YORK – The seasonally adjusted Milwaukee Index climbed to 66 in March from 63 in February, according to the Institute for Supply Management-Milwaukee.
By Gary SiegelMarch 31 -
NEW YORK - The Chicago Purchasing Managers’ Business Barometer slid to 70.6 in March from 71.2 in February, the National Association of Purchasing Management-Chicago said Thursday.
By Gary SiegelMarch 31 -
NEW YORK – The Midwest Economy Index rose to positive 0.35 in February from positive 0.19 in January, according to the Federal Reserve Bank of Chicago, as gains in the manufacturing sector helped pull growth above its historical trend.
By Gary SiegelMarch 31 -
NEW YORK – New York City business activity expanded at its slowest pace in three months, the Institute for Supply Management-New York’s Report on Business current business conditions index indicated.
By Gary SiegelMarch 31