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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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 -
NEW YORK – 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 today.
By Gary SiegelMay 6 -
NEW YORK – Auditing monetary policy decisions, as currently proposed, “could diminish the independence of the Fed,” Federal Reserve Bank of St. Louis President James Bullard said today.
By Gary SiegelMay 6 -
NEW YORK - The European Central Bank announced its Governing Council held interest rates at current levels at its latest monetary policy meeting this morning.
By Gary SiegelMay 6 -
The Treasury Department yesterday sold $25 billion of 56-day cash management bills, dated May 6, due July 1, at a 0.150% high tender rate.
By Gary SiegelMay 5 -
ADP reported private employment showed a 32,000 jump in April.
By Gary SiegelMay 5 -
The Treasury Department yesterday announced it will sell $78.0 billion to raise $47.1 billion with its quarterly refunding.
By Gary SiegelMay 5 -
The Institute for Supply Management’s non-manufacturing business activity composite index was 55.4 in April, unchanged from March, on a seasonally adjusted basis, the group said yesterday.
By Gary SiegelMay 5 -
NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated May 6, due July 1, at a 0.150% high tender rate.
By Gary SiegelMay 5 -
NEW YORK - The Institute for Supply Management's non-manufacturing business activity composite index was 55.4 in April, unchanged from 55.4 in March, on a seasonally adjusted basis, the group said today.
By Gary SiegelMay 5 -
NEW YORK – The Treasury Department will sell $78.0 billion to raise $47.1 billion with its quarterly refunding, Treasury announced today.
By Gary SiegelMay 5 -
The Treasury Department yesterday auctioned $26 billion of 364-day bills at a 0.420% high yield and a price of 99.557333.
By Gary SiegelMay 4 -
Pending home sales rose 5.3% to a reading of 102.9 in March from a revised 8.3% increase to 97.7 in February, originally reported as an 8.2% gain to 97.6, according to an index released yesterday by the National Association of Realtors.
By Gary SiegelMay 4 -
NEW YORK - The Treasury Department today auctioned $26 billion of 364-day bills at a 0.420% high yield, a price of 99.557333.
By Gary SiegelMay 4 -
NEW YORK - The Treasury Department today auctioned $23 billion of four-week bills at a 0.150% high yield, a price of 99.988333.
By Gary SiegelMay 4 -
NEW YORK - Pending home sales rose 5.3% to a reading of 102.9 in March from a revised 8.3% increase to 97.7 in February, originally reported as an 8.2% gain to 97.6, according to an index released today by the National Association of Realtors.
By Gary SiegelMay 4 -
About 4,150,000 online job postings appeared on leading Internet job boards in April, a 222,700 increase from March’s 3,927,300, the Conference Board announced yesterday.
By Gary SiegelMay 3