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 Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, March 10.
By Gary SiegelMarch 8 -
NEW YORK - The Treasury Department said it will sell $31 billion of four-week discount bills tomorrow.
By Gary SiegelMarch 8 -
NEW YORK - The Federal Reserve Bank of New York will expand its counterparties for conducting reverse repurchase agreement transactions to add capacity for draining reserves beyond primary dealers, the traditional counterparties, the Fed announced today.
By Gary SiegelMarch 8 -
NEW YORK – The Conference Board’s Employment Trends Index (ETI) rose 0.3% to 93.5 in February, from an unrevised 1.0% jump to 93.2 in January, and is up 13.4% in the past six months, the highest six-month growth rate since 1994, the group announced today.
By Gary SiegelMarch 8 -
NEW YORK – The Federal Reserve announced today it will set a 0.50% minimum bid on its $25 billion 28-day Term Auction Facility credit selling today.
By Gary SiegelMarch 8 -
U.S. inflationary pressures were higher in February as the U.S. future inflation gauge rose to 101.4 from an upwardly revised 102.1 in January, according to data released Friday by the Economic Cycle Research Institute. The January index was originally reported as 1008.2.
By Gary SiegelMarch 5 -
NEW YORK - U.S. inflationary pressures were higher in February as the U.S. future inflation gauge rose to 101.4 from an upwardly revised 102.1 in January, according to data released this morning by the Economic Cycle Research Institute.
By Gary SiegelMarch 5 -
The European Central Bank said its Governing Council held interest rates at its latest monetary policy meeting yesterday.
By Gary SiegelMarch 4 -
Pending home sales fell 7.6% to a reading of 90.4 in January from a revised 1.0% increase to 97.8 in December, originally reported as a 1.0% gain to 96.6, as November’s index is now reported as 97.0, according to an index released yesterday by the National Association of Realtors.
By Gary SiegelMarch 4 -
NEW YORK – Newly issued Treasury securities held in stripped form increased about $437 million in February to a total of $175.817 billion, the Bureau of the Public Debt reported this afternoon.
By Gary SiegelMarch 4 -
NEW YORK – Responding effectively and using innovation are key lessons learned from the recent financial crisis, Federal Reserve bank of Chicago President Charles L. Evans said today.
By Gary SiegelMarch 4 -
NEW YORK - The Treasury Department said it will auction $13 billion 29-year, 11-month notes on Thursday, March 11.
By Gary SiegelMarch 4 -
NEW YORK - The Treasury Department said it will auction $21 billion 9-year, 11-month notes on Wednesday, March 10.
By Gary SiegelMarch 4 -
NEW YORK - The Treasury Department said it will auction $40 billion three-year notes on Tuesday, March 9.
By Gary SiegelMarch 4 -
NEW YORK - The Treasury Department said it will auction $26 billion year bills on March 9.
By Gary SiegelMarch 4 -
NEW YORK - The Treasury Department said today it will auction $26 billion 91-day bills and $28 billion 182-day discount bills Monday.
By Gary SiegelMarch 4 -
NEW YORK – “The Federal Reserve’s quantitative easing program has shown that stabilization policy can be carried out effectively even when policy rates are near zero,” said Federal Reserve Bank of St. Louis President James Bullard.
By Gary SiegelMarch 4 -
NEW YORK - Pending home sales fell 7.6% to a reading of 90.4 in January from a revised 1.0% increase to 97.8 in December, originally reported as a 1.0% gain to 96.6, as November’s index is now reported as 97.0, according to an index released today by the National Association of Realtors.
By Gary SiegelMarch 4 -
The Institute for Supply Management’s non-manufacturing business activity composite index was 53.0 in February, up from 50.5 in January, on a seasonally adjusted basis, the group said yesterday.
By Gary SiegelMarch 3 -
Nine of the 12 Federal Reserve districts reported improved economic activity that was generally modest, despite severe snowstorms that held back activity in several districts, according to the Fed’s “beige book.”
By Gary SiegelMarch 3