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 today auctioned $35 billion of two-year notes with a 5/8% coupon at a 0.650% yield, a price of 99.950404.
By Gary SiegelJanuary 25 -
NEW YORK - The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.145% high yield, a price of 99.988722.
By Gary SiegelJanuary 25 -
NEW YORK – “Service sector activity grew moderately in January,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released today, “Within the service sector, retail activity strengthened compared to last month, while services firms experienced softer growth than a month ago. Retail sales accelerated in January, with a jump in shopper traffic. In addition, the on-going decline in big-ticket sales slowed markedly. Some retail inventory-building occurred. At services-providing firms, revenues expanded, although to a lesser extent than in December. Survey respondents continued to hold a confident outlook for prospects over the next six months; however, their predictions were somewhat less optimistic than in December.”
By Gary SiegelJanuary 25 -
NEW YORK – “Manufacturing activity in the central Atlantic region expanded for the fourth straight month,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond. “Looking at the main components of the overall index, shipments and new orders grew more slowly, while employment growth held steady. Other indicators varied but suggested continued solid activity. Manufacturers reported that backlogs grew at a slightly slower pace and that increases in capacity utilization and delivery times eased somewhat, while finished goods inventories grew at a somewhat slower rate.”
By Gary SiegelJanuary 25 -
NEW YORK - The consumer confidence index gained to 60.6 in January from an upwardly revised 53.3 last month, The Conference Board reported this morning.
By Gary SiegelJanuary 25 -
The Treasury Department said Monday it will sell $25 billion of four-week discount bills Tuesday.
By Gary SiegelJanuary 24 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.155% high rate, unchanged from 0.155% the previous week, and the six-months incurred a 0.180% high rate, down from 0.185%.
By Gary SiegelJanuary 24 -
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 0.155% high rate, unchanged from 0.155% the prior week, and the six-months incurred a 0.180% high rate, down from 0.185% the week before.
By Gary SiegelJanuary 24 -
NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, January 26.
By Gary SiegelJanuary 24 -
NEW YORK - The Treasury Department said Monday it will sell $25 billion of four-week discount bills Tuesday.
By Gary SiegelJanuary 24 -
The Federal Open Market Committee will hold its first meeting of 2011 on Tuesday and Wednesday in an early test of the balance of power between voting members who support the current level of quantitative easing championed by Federal Reserve chairman Ben S. Bernanke and those who oppose it.
By Gary SiegelJanuary 21 -
NEW YORK – The Federal Open Market Committee will hold its first meeting of 2011 on Tuesday and Wednesday in an early test of the balance of power between voting members that support the current level of quantitative easing championed by Fed Chairman Ben S. Bernanke and those who oppose it.
By Gary SiegelJanuary 21 -
The composite index of leading economic indicators grew 1.0% in December to a level of 112.4, the Conference Board reported Thursday.
By Gary SiegelJanuary 20 -
NEW YORK – The Treasury Department sold $13 billion of inflation-indexed 10-year TIPs at a 1.170% yield, an adjusted price of 99.599898, with a 1 1/8% coupon.
By Gary SiegelJanuary 20 -
NEW YORK - The Treasury Department said it will auction $29 billion seven-year notes on Thursday, January 27.
By Gary SiegelJanuary 20 -
NEW YORK - The Treasury Department said it will auction $35 billion two-year notes on Tuesday, January 25, and $35 billion five-year notes on Wednesday, January 26.
By Gary SiegelJanuary 20 -
NEW YORK - The Treasury Department said Thursday it will auction $29 billion 91-day bills and $28 billion 182-day discount bills Monday.
By Gary SiegelJanuary 20 -
NEW YORK – The region's manufacturing sector continued to expand, but a little slower in December, as the general business conditions index slipped to 19.3 from 20.8 in November, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.
By Gary SiegelJanuary 20 -
NEW YORK - The composite index of Leading Economic Indicators grew 1.0% in December, the Conference Board reported Thursday.
By Gary SiegelJanuary 20 -
NEW YORK - The Treasury Department Wednesday sold $25 billion 56-day cash management bills, dated January 20, due March 17, at a 0.160% high tender rate.
By Gary SiegelJanuary 19