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 auctioned $32 billion of seven-year notes, with a 3.125% coupon, a 3.210% high yield, a price of 99.470887.
By Gary SiegelApril 29 -
NEW YORK - The Treasury Department said it will auction $26 billion year bills on Tuesday, May 4
By Gary SiegelApril 29 -
NEW YORK - The Treasury Department said today it will auction $24 billion 91-day bills and $25 billion 182-day discount bills Monday.
By Gary SiegelApril 29 -
NEW YORK - Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “continued at a solid pace, and producers remained moderately optimistic about the future,” according to the bank’s monthly manufacturing survey, released today.
By Gary SiegelApril 29 -
NEW YORK - The Chicago Fed National Activity Index for March improved to negative 0.07 from a revised negative 0.44 reading in February, originally reported as negative 0.64.
By Gary SiegelApril 29 -
The Treasury Department yesterday auctioned $42 billion of five-year notes, with a 2 1/2% coupon, a 2.540% high yield, and a price of 99.813289.
By Gary SiegelApril 28 -
NEW YORK - The Treasury Department auctioned $42 billion of five-year notes, with a 2 1/2% coupon, a 2.540% high yield, a price of 99.813289.
By Gary SiegelApril 28 -
NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated April 29, due June 24, at a 0.155% high tender rate.
By Gary SiegelApril 28 -
The Chicago Fed Midwest manufacturing index jumped 1.3% in March to a seasonally adjusted level of 84.1 after the February report showed a revised 0.1% decrease to 83.1, originally reported as a 0.8% drop to 82.6, the Federal Reserve Bank of Chicago reported yesterday.
By Gary SiegelApril 27 -
Manufacturing activity in the central Atlantic region expanded for the third month in a row, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond.
By Gary SiegelApril 27 -
The consumer confidence index jumped to 57.9 in April from a downwardly revised 52.3 last month, the Conference Board reported yesterday.
By Gary SiegelApril 27 -
The federal budget appears to be on an “unsustainable path” while the the country’s fiscal status “has deteriorated appreciably since the onset of the recession and the financial crisis,” Federal Reserve Board chairman Ben Bernanke said yesterday.
By Gary SiegelApril 27 -
NEW YORK - The Treasury Department today auctioned $44 billion of two-year notes with a 1% coupon at a 1.024% yield, a price of 99.952608.
By Gary SiegelApril 27 -
NEW YORK - The Chicago Fed Midwest Manufacturing Index jumped 1.3% in March to a seasonally adjusted level of 84.1 after the February report showed a revised 0.1% decrease to 83.1, originally reported as a 0.8% drop to 82.6, the Federal Reserve Bank of Chicago reported today.
By Gary SiegelApril 27 -
NEW YORK - The Treasury Department today auctioned $15 billion of four-week bills at a 0.130% high yield, a price of 99.989889.
By Gary SiegelApril 27 -
NEW YORK – The federal budget appears to be on an “unsustainable path” while the U.S. fiscal status “has deteriorated appreciably since the onset of the recession and the financial crisis,” Federal Reserve Board Chairman Ben S. Bernanke said today.
By Gary SiegelApril 27 -
NEW YORK – “Fifth District service sector activity improved in April,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released today, “Growth in retail sales picked up while retail inventories continued to decline. Although big-ticket sales slumped, shopper traffic rose this month. Revenue growth also returned at non-retail services firms. Price change in the broad service sector ticked up slightly.”
By Gary SiegelApril 27 -
NEW YORK – “Manufacturing activity in the central Atlantic region expanded for the third straight month,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond. “All broad indicators — shipments, new orders and employment — landed in positive territory, with manufacturers noting their first increase in worker numbers since October 2009. Other indicators were also positive. Backlogs increased for the first time since August 2009 and capacity utilization hit an all-time high reading since the inception of the measure. Vendor lead-time grew at a considerably quicker rate — the highest reading since August 2004, indicating slower delivery times, and inventories increased at a somewhat quicker pace.”
By Gary SiegelApril 27 -
NEW YORK - The consumer confidence index jumped to 57.9 in April from a downwardly revised 52.3 last month, The Conference Board reported this morning.
By Gary SiegelApril 27 -
The Treasury Department yesterday auctioned $11 billion of five-year inflation-indexed notes with a 0.50% coupon, a 0.550% high yield, and an adjusted price of 99.767648.
By Gary SiegelApril 26
