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 $13 billion of 29-year 11-month bonds with a 4 3/8% coupon at a 4.520% high yield, a price of 97.627644.
By Gary SiegelDecember 10 -
NEW YORK - The Treasury Department said today it will auction $30 billion 91-day bills and $31 billion 182-day discount bills Monday.
By Gary SiegelDecember 10 -
NEW YORK - The Treasury Department said it will auction $27 billion year bills on Dec. 15.
By Gary SiegelDecember 10 -
Real gross domestic product projections increased, with forecasters seeing rates of up to 3.1% growth in real gross domestic product in the last half of 2009, although predictions for the jobless rate now hover above the 10% mark, according to the latest Livingston Survey, released yesterday by the Federal Reserve Bank of Philadelphia.
By Gary SiegelDecember 9 -
The Treasury Department yesterday auctioned $21 billion of nine-year, 11-month notes with a 3 3/8% coupon at a 3.448% high yield, a price of 99.387238.
By Gary SiegelDecember 9 -
NEW YORK - The Treasury Department auctioned $21 billion of 9-year 11-month notes with a 3 3/8% coupon at a 3.448% high yield, a price of 99.387238.
By Gary SiegelDecember 9 -
NEW YORK - The Treasury Department today sold $15 billion 19-day cash management bills, dated Dec. 10, due Dec. 29, at a 0.070% high tender rate.
By Gary SiegelDecember 9 -
NEW YORK – Real gross domestic product projections were increased, with forecasters seeing rates of up to 3.1% growth in real GDP in the last half of 2009, although predictions for the jobless rate now hover above the 10% mark, according to the latest Livingston Survey, released today by the Federal Reserve Bank of Philadelphia.
By Gary SiegelDecember 9 -
The Treasury Department yesterday auctioned $40 billion of three-year notes with a 1 1/8% coupon at a 1.223% yield, a price of 99.712191.
By Gary SiegelDecember 8 -
The U.S. economy will resume growing in 2010, with manufacturers expecting sales revenue to increase 5.7% and non-manufacturers expecting 1.3% revenue growth next year, according to the Institute for Supply Management December 2009 Semiannual Economic Forecast released yesterday.
By Gary SiegelDecember 8 -
NEW YORK - The Treasury Department today auctioned $40 billion of three-year notes with a 1 1/8% coupon at a 1.223% yield, a price of 99.712191.
By Gary SiegelDecember 8 -
NEW YORK - The Treasury Department today sold $12 billion 4-day cash management bills, dated Dec. 10, due Dec. 14, at a 0.070% high tender rate.
By Gary SiegelDecember 8 -
NEW YORK - The Treasury Department today auctioned $29 billion of four-week bills at a zero high yield, a price of par.
By Gary SiegelDecember 8 -
NEW YORK – While CEOs expect the economy to grow next year, an foresee increases in capital expenditures and sales, they predict employment will not improve “significantly,” according to the Business Roundtable's fourth quarter 2009 CEO Economic Outlook Survey, released today.
By Gary SiegelDecember 8 -
NEW YORK – The U.S. economy will resume growing in 2010, with manufacturers expecting sales revenue to increase 5.7% and non-manufacturers expecting 1.3% revenue growth next year, according to the Institute for Supply Management December 2009 Semiannual Economic Forecast.
By Gary SiegelDecember 8 -
Real gross domestic product should grow 2.5% next year, as inflation rises 2.2% and the unemployment rate dips to 9.8%, according to predictions from the 23d annual Federal Reserve Bank of Chicago Economic Outlook Symposium, released yesterday.
By Gary SiegelDecember 7 -
The Conference Board’s employment trends index rose 1.8% to 90.8 in November from a revised 0.6% jump to 89.2 in October, originally reported as a 0.7% increase to 89.3, and is down 9.4% from a year ago, the group said yesterday.
By Gary SiegelDecember 7 -
While credit conditions remain tight and the job market weak, accommodative policies will have to be removed “at some point,” Federal Reserve Board chairman Ben S. Bernanke said yesterday.
By Gary SiegelDecember 7 -
NEW YORK – While credit conditions remain tight and the job market weak, accommodative policies will have to be removed “at some point,” Federal Reserve Board Chairman Ben S. Bernanke said today.
By Gary SiegelDecember 7 -
NEW YORK – Real gross domestic product should grow 2.5% next year, as inflation rises 2.2% and the unemployment rate dips to 9.8%, according to predictions from the twenty-third annual Federal reserve Bank of Chicago Economic Outlook Symposium.
By Gary SiegelDecember 7
