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 mixed Monday, as the three-months incurred a 0.155% high rate, up from 0.150% the previous week, and the six-months incurred a 0.185% high rate, down from 0.190%.
By Gary SiegelAugust 16 -
The Empire State Manufacturing Survey showed "conditions improved modestly in August" as the general business conditions index climbed to 7.10 from 5.08 in July, the Federal Reserve Bank of New York said Monday.
By Gary SiegelAugust 16 -
Homebuilder confidence in the market for new single-family homes continued to deteriorate in August, edging down to a 17-month-low as the National Association of Home Builders' housing market index slipped to 13.
By Gary SiegelAugust 16 -
NEW YORK – Lending conditions are beginning to ease as banks relaxed some standards and terms in some loan categories, according to results of the Federal Reserve's Senior Loan Officers Survey, released Monday.
By Gary SiegelAugust 16 -
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, up from 0.150% the prior week, and the six-months incurred a 0.185% high rate, down from 0.190% the week before.
By Gary SiegelAugust 16 -
NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, August 18.
By Gary SiegelAugust 16 -
NEW YORK - The Treasury Department said Monday it will sell $34 billion of four-week discount bills Tuesday.
By Gary SiegelAugust 16 -
NEW YORK - Builders’ confidence in the market for new single-family homes continued its slide, falling to its lowest level since March 2009, as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – dropped to 13 in August from an unrevised 14 in July.
By Gary SiegelAugust 16 -
NEW YORK - The Empire State Manufacturing Survey showed “conditions improved modestly in August for New York manufacturers,” the Federal Reserve Bank of New York today reported, as the general business conditions index climbed to 7.10 in the month from 5.08 in July, the Fed reported.
By Gary SiegelAugust 16 -
The federal funds rate must stay accommodative, but also must begin to rise, Federal Reserve Bank of Kansas City president Thomas Hoenig said Friday.
By Gary SiegelAugust 13 -
Economic growth appears to be weakening compared to estimates from three months ago, as those surveyed for the Federal Reserve Bank of Philadelphia’s third-quarter survey of professional forecasters cut estimates of gross domestic product growth to 2.3% from 3.3%.
By Gary SiegelAugust 13 -
The University of Michigan’s preliminary August consumer sentiment index reading was 69.6 compared to the final July 67.8, according to market sources.
By Gary SiegelAugust 13 -
NEW YORK – The fed funds rate must stay accommodative, but also must begin to rise now so increases can be slow and deliberate, Federal Reserve Bank of Kansas City President Thomas Hoenig said Friday.
By Gary SiegelAugust 13 -
NEW YORK – Economic growth appears to be weakening compared to estimates from three months ago, as those surveyed for the Federal Reserve Bank of Philadelphia’s third quarter survey of Professional Forecasters cut estimates of GDP growth this quarter to 2.3% from 3.3%.
By Gary SiegelAugust 13 -
NEW YORK - The University of Michigan's preliminary August consumer sentiment index reading was 69.6, compared to the final July 67.8, the preliminary July 66.5, and the final June 76.0, according to market sources.
By Gary SiegelAugust 13 -
The Treasury Department Thursday announced it will auction $30 billion of 91-day bills and $30 billion of 182-day discount bills on Monday.
By Gary SiegelAugust 12 -
The Treasury Department Thursday auctioned $16 billion of 30-year bonds with a 3 7/8% coupon at a 3.954% high yield and a price of 98.619129.
By Gary SiegelAugust 12 -
NEW YORK - The Treasury Department today auctioned $16 billion of 30-year bonds with a 3 7/8% coupon at a 3.954% high yield, a price of 98.619129.
By Gary SiegelAugust 12 -
NEW YORK - The Treasury Department said Thursday it will auction $30 billion 91-day bills and $30 billion 182-day discount bills Monday.
By Gary SiegelAugust 12 -
Mortgage loan application volume rose 0.6% in the week ending Aug. 6 on a seasonally adjusted basis from a week earlier, the Mortgage Bankers Association said.
By Gary SiegelAugust 11
