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 today auctioned $26 billion of one-year bills at a 0.320% high yield, a price of 99.676444.
By Gary SiegelFebruary 9 -
NEW YORK - The Treasury Department today auctioned $24 billion of four-week bills at a 0.055% high yield, a price of 99.995722.
By Gary SiegelFebruary 9 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.110% high rate, up from 0.095% the week before, and the six-months incurred a 0.170% high rate, up from 0.165%.
By Gary SiegelFebruary 8 -
The Federal Reserve announced yesterday it set a 0.25% minimum bid on its $50 billion 28-day term-auction facility.
By Gary SiegelFebruary 8 -
The Conference Board’s employment trends index rose 1.0% to 93.2 in January from a revised 2.5% jump to 92.3 in December, originally reported as a 1.7% increase to 91.8, and is down 0.7% from a year ago, the group said yesterday.
By Gary SiegelFebruary 8 -
NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.110% high rate, up from 0.095% the prior week, and the six-months incurred a 0.170% high rate, up from 0.165% the week before.
By Gary SiegelFebruary 8 -
NEW YORK - The Treasury Department said it will sell $24 billion of four-week discount bills tomorrow.
By Gary SiegelFebruary 8 -
NEW YORK – The Conference Board’s Employment Trends Index (ETI) rose 1.0% to 93.2 in January, from a revised 2.5% jump to 92.3 in December, originally reported as a 1.7% increase to 91.8, and is down 0.7% from a year ago, the group announced today.
By Gary SiegelFebruary 8 -
NEW YORK – The Federal Reserve announced today it will set a 0.25% minimum bid on its $50 billion 28-day Term Auction Facility credit selling today.
By Gary SiegelFebruary 8 -
U.S. inflationary pressures were higher in January as the U.S. future inflation gauge rose to 100.2 from an upwardly revised 99.0 in December, according to data released Friday by the Economic Cycle Research Institute.
By Gary SiegelFebruary 5 -
Consumer borrowing decreased by $1.8 billion in December to a seasonally adjusted $2.457 trillion from $2.459 trillion in November, a 0.8% decrease, the Federal Reserve reported Friday.
By Gary SiegelFebruary 5 -
NEW YORK - Consumer borrowing decreased by $1.8 billion in December to a seasonally adjusted $2.457 trillion from $2.459 trillion in November, a 0.8% decrease, the Federal Reserve reported today.
By Gary SiegelFebruary 5 -
NEW YORK - U.S. inflationary pressures were higher in January as the U.S. future inflation gauge rose to 100.2 from an upwardly revised 99.0 in December, according to data released this morning by the Economic Cycle Research Institute.
By Gary SiegelFebruary 5 -
The European Central Bank announced its Governing Council held interest rates at current levels at its latest monetary policy meeting yesterday.
By Gary SiegelFebruary 4 -
NEW YORK – Newly issued Treasury securities held in stripped form increased about $1.963 billion in January to a total of $175.380 billion, the Bureau of the Public Debt reported this afternoon.
By Gary SiegelFebruary 4 -
NEW YORK - The Treasury Department said today it will auction $24 billion 91-day bills and $27 billion 182-day discount bills Monday.
By Gary SiegelFebruary 4 -
NEW YORK - The Treasury Department said it will auction $26 billion year bills on Feb. 9.
By Gary SiegelFebruary 4 -
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 SiegelFebruary 4 -
The Treasury Department yesterday sold $5 billion of 21-day cash management bills, dated Feb. 4 and due Feb. 25, at a 0.020% high tender rate.
By Gary SiegelFebruary 3 -
ADP estimates that non-farm payrolls for January fell 22,000, the smallest decline in two years.
By Gary SiegelFebruary 3