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 Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.
By Gary SiegelMarch 14 -
The Federal Reserve has been laboring to beef up the economy and now that there are signs the recovery is strengthening, the Fed needs to stay on course, according to William Dudley, president and chief executive officer of the Federal Reserve Bank of New York.
By Gary SiegelMarch 11 -
The University of Michigan’s preliminary March consumer-sentiment index reading was 68.2, a decrease from the final February 77.5 reading, according to market sources.
By Gary SiegelMarch 11 -
NEW YORK - The University of Michigan's preliminary March consumer sentiment index reading was 68.2, compared to the final February 77.5, the preliminary February 75.1 and the final January 74.2 reading, according to market sources.
By Gary SiegelMarch 11 -
NEW YORK – The Federal Reserve has been laboring to beef up the economy and now that there are signs the recovery is strengthening, the Fed needs to keep on course, Federal Reserve Bank of New York President and Chief Executive Officer William C. Dudley said.
By Gary SiegelMarch 11 -
The Treasury Department today auctioned $13 billion of 29-year, 11-month bonds with a 4 3/4% coupon at a 4.569% high yield and a price of 102.929408.
By Gary SiegelMarch 10 -
NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 11-month bonds with a 4 3/4% coupon at a 4.569% high yield, a price of 102.929408.
By Gary SiegelMarch 10 -
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 10 -
The Treasury Department Tuesday auctioned $21 billion of nine-year, 11-month notes with a 3 5/8% coupon at a 3.499% high yield, and a price of 101.044608.
By Gary SiegelMarch 9 -
Mortgage application volume soared 15.5% in the week ended March 4, according to the Mortgage Bankers Association’s weekly mortgage applications survey.
By Gary SiegelMarch 9 -
Wholesale inventories increased 1.1% in January, the Commerce Department reported Wednesday.
By Gary SiegelMarch 9 -
NEW YORK - The Treasury Department auctioned $21 billion of 9-year 11-month notes with a 3 5/8% coupon at a 3.499% high yield, a price of 101.044608.
By Gary SiegelMarch 9 -
NEW YORK — Wholesale inventories increased 1.1% in January, the Commerce Department reported Wednesday.
By Gary SiegelMarch 9 -
The Treasury Department Tuesday auctioned $23 billion of 364-day bills at a 0.260% high yield and a price of 99.737111.
By Gary SiegelMarch 8 -
Retail sales rose 2.0% in the week ended March 5, according to the weekly retail sales report released by Johnson Redbook Tuesday.
By Gary SiegelMarch 8 -
Weekly chain store sales rose 2.3% in the first week of March, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Tuesday.
By Gary SiegelMarch 8 -
NEW YORK - The Treasury Department Tuesday auctioned $40 billion of four-week bills at a 0.070% high yield, a price of 99.994556.
By Gary SiegelMarch 8 -
NEW YORK - The Treasury Department Tuesday auctioned $23 billion of 364-day bills at a 0.260% high yield, a price of 99.737111.
By Gary SiegelMarch 8 -
The Conference Board’s employment trends index rose to 101.7 in February from a downwardly revised 100.1 in January, originally reported as 100.5, and is up 8% from a year ago, the group announced Monday.
By Gary SiegelMarch 7 -
Exit strategy was the hot topic last year, and while it was pushed off by a “soft patch” mid-year and even though he’s not expecting an immediate need, Federal Reserve Bank of Atlanta president Dennis Lockhart said Monday that “we will have to decide when to actively implement an exit strategy. And though the answer to when to do this is clear in concept, it is not straightforward in practice.”
By Gary SiegelMarch 7