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 Tuesday auctioned $35 billion of four-week bills at a 0.100% high yield, a price of 99.992222.
By Gary SiegelFebruary 15 -
NEW YORK – Economic growth will be moderate this year as the nation still faces headwinds: housing and unemployment, Federal Reserve Bank of Cleveland President Sandra Pianalto said Tuesday.
By Gary SiegelFebruary 15 -
NEW YORK - Builders’ confidence in the market for new single-family homes was steady, as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – remained 16 in February, its fourth consecutive month at that low level.
By Gary SiegelFebruary 15 -
NEW YORK - The Empire State Manufacturing Survey showed “conditions for New York manufacturers continued to improve in February,” the Federal Reserve Bank of New York reported Tuesday, as the general business conditions index gained to 15.43 in the month from 11.92 in January, the Fed reported.
By Gary SiegelFebruary 15 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-month bills incurred a 0.130% high rate, down from 0.150% the previous week, and the six-month bills incurred a 0.165% high rate, down from 0.175%.
By Gary SiegelFebruary 14 -
The national economy picked up in the fourth quarter of 2010 despite a slowdown in the Northeast, which had been outpacing the nation, and “we believe that conditions are in place for such higher growth in 2011 and 2012,” according to Federal Reserve Bank of New York president and chief executive officer William C. Dudley.
By Gary SiegelFebruary 14 -
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 0.130% high rate, down from 0.150% the prior week, and the six-months incurred a 0.165% high rate, down from 0.175% the week before.
By Gary SiegelFebruary 14 -
NEW YORK - The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
By Gary SiegelFebruary 14 -
NEW YORK – The national economy picked up in the fourth quarter of 2010 despite a slowdown in the Northeast, which had been outpacing the nation, and “we believe that conditions are in place for such higher growth in 2011 and 2012,” according to Federal Reserve Bank of New York President and Chief Executive Officer William C. Dudley.
By Gary SiegelFebruary 14 -
Stronger economic growth lies ahead, as 43 professional forecasters surveyed by the Federal Reserve Bank of Philadelphia revised most of their projections for gross domestic product growth upward.
By Gary SiegelFebruary 11 -
The University of Michigan’s preliminary February consumer sentiment index reading was 75.1, compared to the final January 74.2 reading, the preliminary January 72.7 reading, and the December 74.5 reading, according to market sources.
By Gary SiegelFebruary 11 -
NEW YORK – Stronger economic growth lies ahead, as the 43 professional forecasters surveyed by the Federal Reserve Bank of Philadelphia, revised up most of their projections for GDP growth.
By Gary SiegelFebruary 11 -
NEW YORK - The University of Michigan's preliminary February consumer sentiment index reading was 75.1, compared to the final January 74.2 reading, the preliminary January 72.7 and the December 74.5 reading, according to market sources.
By Gary SiegelFebruary 11 -
Federal Reserve Board governor Kevin Warsh said Thursday he will resign from the Fed on or around March 31.
By Gary SiegelFebruary 10 -
NEW YORK - The Treasury Department Thursday auctioned $16 billion of 30-year bonds with a 4 3/4% coupon at a 4.750% high yield, a price of par.
By Gary SiegelFebruary 10 -
NEW YORK – Federal Reserve Board Governor Kevin Warsh said Thursday he will resign from the Fed on or around March 31.
By Gary SiegelFebruary 10 -
NEW YORK - The Treasury Department said Thursday it will auction $9 billion 30-year inflation-indexed notes on Thursday, Feb. 17.
By Gary SiegelFebruary 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 SiegelFebruary 10 -
With 30-year mortgage rates rising by about a third of a percentage point, mortgage application volume dropped 5.5% in the week ended Feb. 4, according to the Mortgage Bankers Association’s weekly mortgage applications survey, released Wednesday.
By Gary SiegelFebruary 9 -
The Treasury Department Wednesday auctioned $24 billion of 10-year notes with a 3 5/8% coupon at a 3.665% high yield and a price of 99.667623.
By Gary SiegelFebruary 9