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 Chicago Fed Midwest Manufacturing Index dropped 1.4% in August to a seasonally adjusted level of 79.9 after the July report showed a revised 1.9% increase to 81.0, originally reported as a 2.2% climb to 81.4, the Federal Reserve Bank of Chicago reported today.
By Gary SiegelSeptember 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 0.155% high rate, off from 0.160% the prior week, and the six-months incurred a 0.190% high rate, down from 0.195% the week before.
By Gary SiegelSeptember 27 -
NEW YORK - The Treasury Department said Monday it will sell $25 billion of four-week discount bills Tuesday.
By Gary SiegelSeptember 27 -
NEW YORK - The Treasury Department said it will auction $25 billion 57-day cash management bills on Wednesday, September 29.
By Gary SiegelSeptember 27 -
NEW YORK - Texas factory activity, as measured by the production index, was better in August, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released today.
By Gary SiegelSeptember 27 -
NEW YORK - The Chicago Fed National Activity Index for August declined to negative 0.53 from a revised negative 0.11 reading in July, originally reported as zero.
By Gary SiegelSeptember 27 -
Mortgage loan application volume declined 1.4% during the week ended Sept. 17 on a seasonally adjusted basis as both refinancing and purchase activity fell, the Mortgage Bankers Association said Wednesday.
By Gary SiegelSeptember 22 -
NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated Sept. 23, due Nov. 18, at a 0.145% high tender rate.
By Gary SiegelSeptember 22 -
NEW YORK – Mortgage loan application volume declined 1.4% on a seasonally adjusted basis in the week ended September 17, while surging 22.9% on an unadjusted basis from the prior week, which included the Labor Day holiday, the Mortgage Bankers Association said Wednesday.
By Gary SiegelSeptember 22 -
Weekly chain store sales fell 1.4% in the week ending Sept. 18, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Tuesday. Year-over-year sales improved 3.3%.
By Gary SiegelSeptember 21 -
NEW YORK - The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.265% high yield, a price of 99.7320565
By Gary SiegelSeptember 21 -
NEW YORK - The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.115% high yield, a price of 99.991056.
By Gary SiegelSeptember 21 -
NEW YORK – The Federal Reserve announced that today’s meeting of the Federal Open Market Committee began at 8 a.m., Eastern time, as scheduled.
By Gary SiegelSeptember 21 -
NEW YORK – Weekly chain store sales fell 1.4% in the week ending September 18, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Tuesday.
By Gary SiegelSeptember 21 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.160% high rate, up from 0.140% the previous week, and the six-months incurred a 0.195% high rate, up from 0.190% . Coupon equivalents were 0.162% and 0.198%, respectively.
By Gary SiegelSeptember 20 -
Builder confidence in the market for new single-family homes remained at its lowest level since March 2009, as the National Association of Home Builders’ monthly housing market index held steady at 13 in September, the NAHB said Monday.
By Gary SiegelSeptember 20 -
The U.S. recession ended in June 2009 and any future economic downturn would signal a new recession, the National Bureau of Economic Research announced Monday.
By Gary SiegelSeptember 20 -
NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.160% high rate, up from 0.140% the prior week, and the six-months incurred a 0.195% high rate, up from 0.190% the week before.
By Gary SiegelSeptember 20 -
NEW YORK - The Treasury Department said Monday it will sell $25 billion of four-week discount bills Tuesday.
By Gary SiegelSeptember 20 -
NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, September 22.
By Gary SiegelSeptember 20
