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 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 -
New York City business activity improved again in November, as the Institute for Supply Management’s New York Report on Business current conditions index has shown expansion for four straight months, the group reported yesterday.
By Gary SiegelNovember 30 -
The Chicago Purchasing Managers’ Business Barometer rose to 56.1 in November from 54.2 in October, the National Association of Purchasing Management-Chicago said yesterday.
By Gary SiegelNovember 30 -
NEW YORK - 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 today.
By Gary SiegelNovember 30 -
NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills rose, 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% the week before.
By Gary SiegelNovember 30 -
NEW YORK - The Treasury Department said it will sell $31 billion of four-week discount bills tomorrow.
By Gary SiegelNovember 30 -
NEW YORK - “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, released today.
By Gary SiegelNovember 30 -
NEW YORK – The Federal Reserve announced today it will set a 0.25% minimum bid on its $25 billion 42-day Term Auction Facility credit selling today.
By Gary SiegelNovember 30 -
NEW YORK – 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 -
NEW YORK - The Chicago Purchasing Managers’ Business Barometer rose to 56.1 in November from 54.2 in October, the National Association of Purchasing Management-Chicago said today.
By Gary SiegelNovember 30 -
NEW YORK – New York City business activity improved again in November, as the Institute for Supply Management-New York’s Report on Business current business conditions index has shown expansion for four straight months, the group reported this morning.
By Gary SiegelNovember 30 -
Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “grew moderately in November, and producers were increasingly optimistic about the months ahead,” according to the bank’s monthly manufacturing survey, released Wednesday.
By Gary SiegelNovember 25 -
The University of Michigan’s final November consumer sentiment index reading was 67.4, compared to the preliminary 66.0 reading, and the final October 70.6, according to market sources.
By Gary SiegelNovember 25 -
NEW YORK - The Treasury Department auctioned $32 billion of seven-year notes, with a 2 3/4% coupon, a 2.835% high yield, a price of 99.463748.
By Gary SiegelNovember 25