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 $13 billion of 29-year 11-month bonds with a 4 3/8% coupon at a 4.182% high yield, a price of 103.270808.
By Gary SiegelJune 10 -
NEW YORK - The Treasury Department said today it will auction $27 billion 91-day bills and $27 billion 182-day discount bills Monday.
By Gary SiegelJune 10 -
While moderate economic recovery continues, and should do so into next year, “significant restraints” still hold back the pace of recovery, Federal Reserve Board chairman Ben Bernanke testified yesterday.
By Gary SiegelJune 9 -
NEW YORK - The Treasury Department auctioned $21 billion of 9-year 11-month notes with a 3 1/2% coupon at a 3.242% high yield, a price of 102.169092.
By Gary SiegelJune 9 -
NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated June 10, due Aug. 5, at a 0.095% high tender rate.
By Gary SiegelJune 9 -
NEW YORK – Forecasting real gross domestic product growth of 3.3% in each half of 2010, Livingston Survey participants raised estimates from 2.6% growth in the first half and 3.0% in the second.
By Gary SiegelJune 9 -
NEW YORK – While moderate economic recovery continues, and should do so into next year, “significant restraints” still hold back the pace of recovery Federal Reserve Board Chairman Ben S. Bernanke testified today.
By Gary SiegelJune 9 -
The Treasury Department yesterday auctioned $36 billion of three-year notes with a 1 1/8% coupon at a 1.220% yield, a price of 99.720987.
By Gary SiegelJune 8 -
Accommodative monetary policy will need to be reversed “eventually,” but it could take a “couple years” for a return to normal, according to Federal Reserve Bank of Chicago president and chief executive officer Charles L. Evans.
By Gary SiegelJune 8 -
NEW YORK - The Treasury Department today auctioned $36 billion of three-year notes with a 1 1/8% coupon at a 1.220% yield, a price of 99.720987.
By Gary SiegelJune 8 -
NEW YORK - The Treasury Department today sold $26 billion 5-day cash management bills, dated June 10, due June 15, at a 0.160% high tender rate.
By Gary SiegelJune 8 -
NEW YORK - The Treasury Department today auctioned $31 billion of four-week bills at a 0.090% high yield, a price of 99.993000.
By Gary SiegelJune 8 -
NEW YORK – Accommodative monetary policy will need to be reversed “eventually,” but it could take a “couple years” for a return to normal, according to Federal Reserve Bank of Chicago President and Chief Executive Officer Charles L. Evans.
By Gary SiegelJune 8 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower yesterday, as the three-months incurred a 0.130% high rate, down from 0.160%, and the six-months incurred a 0.210% high rate, down from 0.220% the previous week.
By Gary SiegelJune 7 -
The Conference Board’s employment trends index rose 0.5% to 95.7 in May from a revised 95.2 in April, which was originally reported as 94.7.
By Gary SiegelJune 7 -
The U.S. economy will improve this year and remain at that level in 2011 as inflation ticks up and employment trends down, according to participants in the Federal Reserve Bank of Chicago automotive outlook symposium.
By Gary SiegelJune 7 -
NEW YORK – The U.S. economy will improve this year and remain at that level next year as inflation ticks up and employment trends down, according to participants in the Federal Reserve Bank of Chicago automotive outlook symposium.
By Gary SiegelJune 7 -
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 0.160% the prior week, and the six-months incurred a 0.210% high rate, down from 0.220% the week before.
By Gary SiegelJune 7 -
NEW YORK - The Treasury Department said it will auction $26 billion 5-day cash management bills on Tuesday, June 8.
By Gary SiegelJune 7 -
NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, June 9.
By Gary SiegelJune 7