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 today it will auction $30 billion 91-day bills and $31 billion 182-day discount bills Monday.
By Gary SiegelDecember 3 -
NEW YORK - The Institute for Supply Management's non-manufacturing business activity composite index was 48.7 in November, off from 50.6 in October, on a seasonally adjusted basis, the group said today.
By Gary SiegelDecember 3 -
NEW YORK - The European Central Bank today announced its Governing Council held interest rates at current levels at its latest monetary policy meeting this morning.
By Gary SiegelDecember 3 -
About 3,386,000 online job postings appeared on leading Internet job boards in November, a 106,500 increase from October’s 3,279,500, the Conference Board reported yesterday.
By Gary SiegelDecember 2 -
The Federal Reserve’s “beige book” reported modest improvement in economic conditions since the previous report, with eight districts reporting improvement and the remaining four — Philadelphia, Cleveland, Richmond, and Atlanta — reporting conditions little changed and-or mixed.
By Gary SiegelDecember 2 -
NEW YORK – The Federal Reserve’s Beige Book reported modest improvement in economic conditions since the previous report, with eight districts reporting improvement and the remaining four -- Philadelphia, Cleveland, Richmond, and Atlanta – reporting conditions little changed and/or mixed.
By Gary SiegelDecember 2 -
NEW YORK – About 3,386,000 online job postings appeared on leading Internet job boards in November, a 106,500 increase from October's 3,279,500, The Conference Board reported today.
By Gary SiegelDecember 2 -
Pending home sales increased 3.7% to a reading of 114.1 in October from a revised to 110.0 in September, originally reported as a 6.1% rise to 110.1, according to an index released yesterday by the National Association of Realtors.
By Gary SiegelDecember 1 -
The overall economy grew for the seventh straight time after seven months of contraction, while the manufacturing sector expanded for the fourth time after 18 months of contraction, the Institute for Supply Management reported yesterday.
By Gary SiegelDecember 1 -
The economy is in a recovery that should be sustainable, even with stimulus programs beginning to be wound down, Federal Reserve Bank of Philadelphia president and chief executive officer Charles I. Plosser said yesterday, adding that the federal funds rate should be allowed to rise as real interest rates grow.
By Gary SiegelDecember 1 -
NEW YORK – The economy is recovering, and it should be sustainable, even with stimulus programs beginning to be wound down Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said today, noting that the Federal funds rate should be allowed to rise as real interest rates grow.
By Gary SiegelDecember 1 -
NEW YORK - The Treasury Department today auctioned $31 billion of four-week bills at a 0.085% high yield, a price of 99.993389.
By Gary SiegelDecember 1 -
NEW YORK - The overall economy grew for the seventh straight time after seven months of contraction, while the manufacturing sector expanded for the fourth time after eighteenth months of contraction, the Institute for Supply Management reported this morning.
By Gary SiegelDecember 1 -
NEW YORK – The Federal Reserve today announced the results of its term auction facility, selling $16.730 billion of 42-day credits at a 0.250% 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 SiegelDecember 1 -
NEW YORK - Pending home sales increased 3.7% to a reading of 114.1 in October from a revised to 110.0 in September, originally reported as a 6.1% rise to 110.1, according to an index released today by the National Association of Realtors.
By Gary SiegelDecember 1 -
The Federal Reserve announced yesterday that it will set a 0.25% minimum bid on its $25 billion 42-day Term Auction Facility.
By Gary SiegelNovember 30 -
Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills rose yesterday, as the three-months incurred a 0.060% high rate, up from 0.040% the prior week, and the six-months incurred a 0.150% high rate, a rise from 0.140%.
By Gary SiegelNovember 30 -
The Chicago Fed Midwest Manufacturing Index climbed 0.5% in October to a seasonally adjusted level of 82.9 after the September report showed a revised 0.7% increase to 82.5, originally reported as a 1.0% rise to 82.3, the Federal Reserve Bank of Chicago reported yesterday.
By Gary SiegelNovember 30 -
“Texas factory activity showed its first signs of growth in more than a year,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas and released yesterday.
By Gary SiegelNovember 30 -
The seasonally adjusted Milwaukee Index increased to 57 in November from 50 in October, according to the Institute for Supply Management-Milwaukee.
By Gary SiegelNovember 30