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 Empire State Manufacturing Survey showed “conditions for New York manufacturers continued to improve at a steady pace in March," the Federal Reserve Bank of New York today reported, as the general business conditions index slipped to 22.86 in the month from 24.91 in February, the Fed reported.
By Gary SiegelMarch 15 -
The University of Michigan’s preliminary March consumer sentiment index reading was 72.5 compared to the final February 73.6, the preliminary February 73.7 reading, and the final January 74.4, according to market sources.
By Gary SiegelMarch 12 -
Business inventories were flat in January, while sales rose 0.6%, the Commerce Department reported Friday.
By Gary SiegelMarch 12 -
NEW YORK – Business inventories were flat in January, while sales rose 0.6%, the Commerce Department reported today.
By Gary SiegelMarch 12 -
NEW YORK - The University of Michigan's preliminary March consumer sentiment index reading was 72.5, compared to the final February 73.6, the preliminary February 73.7 reading, and the final January 74.4, according to market sources.
By Gary SiegelMarch 12 -
The Treasury Department yesterday auctioned $13 billion of 29-year, 11-month bonds with a 4 5/8% coupon at a 4.679% high yield, a price of 99.128159.
By Gary SiegelMarch 11 -
NEW YORK - The Treasury Department today auctioned $13 billion of 29-year, 11-month bonds with a 4 5/8% coupon at a 4.679% high yield, a price of 99.128159.
By Gary SiegelMarch 11 -
NEW YORK - The Treasury Department said today it will auction $27 billion 91-day bills and $29 billion 182-day discount bills Monday.
By Gary SiegelMarch 11 -
The Treasury Department yesterday auctioned $21 billion of 9-year, 11-month notes with a 3 5/8% coupon at a 3.735% high yield, a price of 99.0904934
By Gary SiegelMarch 10 -
Merchant wholesalers posted a 0.2% decrease in inventories in January, while sales rose 1.3% in the month, according to data released yesterday by the Commerce Department.
By Gary SiegelMarch 10 -
NEW YORK - The Treasury Department auctioned $21 billion of 9-year, 11-month notes with a 3 5/8% coupon at a 3.735% high yield, a price of 99.0904934
By Gary SiegelMarch 10 -
NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated March 11, due May 6, at a 0.147% high tender rate.
By Gary SiegelMarch 10 -
NEW YORK — Merchant wholesalers posted a 0.2% decrease in inventories in January, while sales rose 1.3% in the month, according to data released today by the Commerce Department.
By Gary SiegelMarch 10 -
The Treasury Department yesterday auctioned $40 billion of three-year notes with a 1 3/8% coupon at a 1.437% yield, a price of 99.818589.
By Gary SiegelMarch 9 -
The Federal Reserve yesterday announced the results of its final term auction facility, selling $3.41 billion of 28-day credits at a 0.500% stop-out rate, the lowest rate at which the offering amount clears, which is the sole rate awarded to all the successful bids.
By Gary SiegelMarch 9 -
With labor market recovery expected to be slow, monetary policy “accommodation will likely be appropriate for some time,” Federal Reserve Bank of Chicago president and chief executive officer Charles L. Evans said yesterday.
By Gary SiegelMarch 9 -
NEW YORK - The Treasury Department today auctioned $40 billion of three-year notes with a 1 3/8% coupon at a 1.437% yield, a price of 99.818589.
By Gary SiegelMarch 9 -
NEW YORK - The Treasury Department today auctioned $26 billion of one-year bills at a 0.375% high yield, a price of 99.620833.
By Gary SiegelMarch 9 -
NEW YORK - The Treasury Department today auctioned $31 billion of four-week bills at a 0.110% high yield, a price of 99.991444.
By Gary SiegelMarch 9 -
NEW YORK – The Federal Reserve today announced the results of its term auction facility, selling $3.41 billion of 28-day credits at a 0.500% stop-out rate, the lowest rate at which the offering amount clears, which is the sole rate awarded to all the successful bids.
By Gary SiegelMarch 9