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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Builders’ confidence in the market for new single-family homes surged in April, as the National Association of Home Builders’ housing market index climbed to 19 from March’s 15, the group announced yesterday.
By Gary SiegelApril 15 -
The region’s manufacturing sector continued to improve, as the general business conditions index increased to 20.2 in April from 18.9 in March, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.
By Gary SiegelApril 15 -
The Empire State Manufacturing Survey showed “conditions for New York State manufacturers improved at a rapid pace in April,” the Federal Reserve Bank of New York reported yesterday.
By Gary SiegelApril 15 -
NEW YORK – The economy “requires continued support of accommodative monetary policy” as it recovers and tightening too soon is risky, Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis P. Lockhart said today.
By Gary SiegelApril 15 -
NEW YORK - Builders’ confidence in the market for new single-family homes surged in April, as the National Association of Home Builders' housing market index - a monthly gauge of builder sentiment – climbed to 19 from March’s 15, the group announced this afternoon.
By Gary SiegelApril 15 -
NEW YORK - The Treasury Department said today it will auction $25 billion 91-day bills and $25 billion 182-day discount bills Monday.
By Gary SiegelApril 15 -
NEW YORK – The region's manufacturing sector continued to improve, as the general business conditions index increased to 20.2 in April from 18.9 in March, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.
By Gary SiegelApril 15 -
NEW YORK - The Empire State Manufacturing Survey showed “conditions for New York State manufacturers improved at a rapid pace in April," the Federal Reserve Bank of New York today reported, as the general business conditions index climbed to 31.86 in the month from 22.86 in March, the Fed reported.
By Gary SiegelApril 15 -
Acting hastily to install reforms after a crisis not only often fail to solve the problem, but can also create new problems, Federal Reserve Bank of Cleveland president and chief executive officer Sandra Pianalto said yesterday.
By Gary SiegelApril 14 -
Signs point to a moderate recovery in the near future, Federal Reserve Board chairman Ben S. Bernanke told Congress yesterday, and while he made no mention of monetary policy, inflation was expected to be subdued and housing was still a concern.
By Gary SiegelApril 14 -
NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated April 15, due June 10, at a 0.150% high tender rate.
By Gary SiegelApril 14 -
NEW YORK – Signs point to a moderate recovery in the near future, but Federal Reserve Board Chairman Ben S. Bernanke told Congress this morning, and while he made no mention of monetary policy, he did say inflation was expected to be subdued and housing was still a concern.
By Gary SiegelApril 14 -
The Treasury Department yesterday auctioned $26 billion of four-week bills at a 0.145% high yield, a price of 99.988722.
By Gary SiegelApril 13 -
Financial system reform is “essential” and should be a catalyst for information exchanges between markets and regulators, Federal Reserve Board governor Daniel K. Tarullo said yesterday.
By Gary SiegelApril 13 -
NEW YORK - The Treasury Department today auctioned $26 billion of four-week bills at a 0.145% high yield, a price of 99.988722.
By Gary SiegelApril 13 -
NEW YORK – Financial system reform is “essential” and should be a catalyst for information exchanges between markets and regulators, Federal Reserve Board Governor Daniel K. Tarullo said today.
By Gary SiegelApril 13 -
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 0.175% the prior week, and the six-months incurred a 0.240% high rate, down from 0.265%.
By Gary SiegelApril 12 -
It is too soon to determine the end of the recession, the Business Cycle Dating Committee of the National Bureau of Economic Research said yesterday.
By Gary SiegelApril 12 -
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 0.175% the prior week, and the six-months incurred a 0.240% high rate, down from 0.265% the week before.
By Gary SiegelApril 12 -
NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, April 14.
By Gary SiegelApril 12