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 said it will sell $31 billion of four-week discount bills tomorrow.
By Gary SiegelJune 7 -
NEW YORK – The Conference Board’s Employment Trends Index (ETI) rose 0.5% to 95.7 in May from a revised rise to 95.2 in April, which was originally reported as a 0.9% increase to 94.7, and is up almost 9% from a year ago, the group announced today.
By Gary SiegelJune 7 -
U.S. inflationary pressures were lower in May as the U.S. future inflation gauge fell to 98.9 from an upwardly revised 101.8 in April, according to data released Friday by the Economic Cycle Research Institute.
By Gary SiegelJune 4 -
NEW YORK – Newly issued Treasury securities held in stripped form decreased about $242 million in May to a total of $179.113 billion, the Bureau of the Public Debt reported this afternoon.
By Gary SiegelJune 4 -
The Institute for Supply Management’s non-manufacturing business activity composite index was 55.4 in May, unchanged from April, on a seasonally adjusted basis, the group said yesterday.
By Gary SiegelJune 3 -
The federal funds rate will not have to remain near zero until most of the employment losses from the recession are recovered, Federal Reserve Bank of Atlanta president and chief executive officer Dennis Lockhart said yesterday.
By Gary SiegelJune 3 -
NEW YORK – Low interest rates encourage borrowing and debt that often have negative outcomes, Federal Reserve Bank of Kansas City President Thomas M. Hoenig said today.
By Gary SiegelJune 3 -
NEW YORK - The Treasury Department said it will auction $13 billion 29-year, 11-month notes on Thursday, June 10.
By Gary SiegelJune 3 -
NEW YORK - The Treasury Department said it will auction $36 billion three-year notes on Tuesday, June 8.
By Gary SiegelJune 3 -
NEW YORK - The Treasury Department said it will auction $21 billion 9-year, 11-month notes on Wednesday, June 9.
By Gary SiegelJune 3 -
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 3 -
NEW YORK - The Institute for Supply Management's non-manufacturing business activity composite index was 55.4 in May, unchanged from 55.4 in April, on a seasonally adjusted basis, the group said today.
By Gary SiegelJune 3 -
NEW YORK – The Fed funds rate will not have to remain near zero until most of the employment losses from the recession are recovered, Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis P. Lockhart said today.
By Gary SiegelJune 3 -
The Treasury Department yesterday auctioned $25 billion of 364-day bills at a 0.365% high yield, a price of 99.630944.
By Gary SiegelJune 2 -
About 4,149,000 online job postings appeared on leading Internet job boards in May, unchanged from April, the Conference Board reported yesterday.
By Gary SiegelJune 2 -
Pending home sales rose 6.0% to a reading of 110.9 in April from a revised 7.1% increase to 104.6 in March, which was originally reported as a 5.3% gain to 102.9, according to an index released yesterday by the National Association of Realtors.
By Gary SiegelJune 2 -
NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated June 3, due July 29, at a 0.140% high tender rate.
By Gary SiegelJune 2 -
NEW YORK - The Treasury Department today auctioned $25 billion of 364-day bills at a 0.365% high yield, a price of 99.630944.
By Gary SiegelJune 2 -
NEW YORK – About 4,149,000 online job postings appeared on leading Internet job boards in May, unchanged from April, The Conference Board reported today.
By Gary SiegelJune 2 -
NEW YORK - Pending home sales rose 6.0% to a reading of 110.9 in April from a revised 7.1% increase to 104.6 in March, originally reported as a 5.3% gain to 102.9, according to an index released today by the National Association of Realtors.
By Gary SiegelJune 2