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.
-
NEW YORK - The Treasury Department today auctioned $38 billion of three-year notes with a 1 3/8% coupon at a 1.414% yield, a price of 99.885991.
By Gary SiegelMay 11 -
NEW YORK - The Treasury Department today auctioned $31 billion of four-week bills at a 0.150% high yield, a price of 99.988333.
By Gary SiegelMay 11 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower yesterday, as the three-months incurred a 0.155% high rate, down from 0.165% the week before, and the six-months incurred a 0.230% high rate, down from 0.245%.
By Gary SiegelMay 10 -
The Conference Board’s employment trends index rose 0.9% to 94.7 in April, from a revised 93.9 in March, and is up 7.1% from a year ago, the group announced yesterday. The March reading was initially reported as 94.4.
By Gary SiegelMay 10 -
Financial crises and bailouts are inevitable and legislators should focus on containing them rather than trying to prevent them completely, Federal Reserve Bank of Minneapolis president Narayana Kocherlakota said yesterday.
By Gary SiegelMay 10 -
NEW YORK – Like death and taxes, crises and bailouts are inevitable, and regulatory reform will not change that, so legislation should instead focus on limiting their magnitude by taxes on financial institutions, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said today.
By Gary SiegelMay 10 -
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, down from 0.165% the prior week, and the six-months incurred a 0.230% high rate, down from 0.245% the week before.
By Gary SiegelMay 10 -
NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, May 12.
By Gary SiegelMay 10 -
NEW YORK - The Treasury Department said it will sell $31 billion of four-week discount bills tomorrow.
By Gary SiegelMay 10 -
NEW YORK – The Conference Board’s Employment Trends Index (ETI) rose 0.9% to 94.7 in April, from a revised flat 93.9 in March, which was originally reported as a 0.7% rise to 94.4, and is up 7.1% from a year ago, the group announced today.
By Gary SiegelMay 10 -
U.S. inflationary pressures were higher in April as the U.S. future inflation gauge rose to 100.8 from a downwardly revised 101.0 in March, according to data released Friday by the Economic Cycle Research Institute.
By Gary SiegelMay 7 -
The fed funds target rate will have to go up “well before” the labor market fully recovers, Federal Reserve Bank of Philadelphia president Charles I. Plosser said Friday.
By Gary SiegelMay 7 -
NEW YORK – With inflation in check, and little risk of deflation, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said today the fed funds target rate will have to go up “well before” the labor market fully recovers.
By Gary SiegelMay 7 -
NEW YORK - U.S. inflationary pressures were higher in April as the U.S. future inflation gauge rose to 100.8 from a downwardly revised 101.0 in March, according to data released this morning by the Economic Cycle Research Institute.
By Gary SiegelMay 7 -
While recent economic indicators provided much good news, it could be “several years” before the economy rebounds completely from the recession, Federal Reserve Bank of Richmond president Jeffrey M. Lacker said yesterday.
By Gary SiegelMay 6 -
Auditing monetary policy decisions, as currently proposed, “could diminish the independence of the Fed,” Federal Reserve Bank of St. Louis president James Bullard said yesterday.
By Gary SiegelMay 6 -
The Federal Reserve views stress assessments as a tool to restore confidence in the banking system’s stability, and restoring credit flow “remains a central objective of the Federal Reserve,” Fed chairman Ben S. Bernanke said yesterday.
By Gary SiegelMay 6 -
NEW YORK – Newly issued Treasury securities held in stripped form increased about $1.589 billion in April to a total of $179.355 billion, the Bureau of the Public Debt reported this afternoon.
By Gary SiegelMay 6 -
NEW YORK – “Hard leverage rules” for banks must be established, Federal Reserve Bank of Kansas City President Thomas Hoenig today told a subcommittee of the
By Gary SiegelMay 6 -
NEW YORK – While recent economic indicators provided much good news, it could be “several year” before the economy rebounds completely from the recession, Federal Reserve Bank of Richmond President Jeffrey M. Lacker said today.
By Gary SiegelMay 6