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 sell $24 billion of four-week discount bills tomorrow.
By Gary SiegelOctober 13 -
The Treasury Department yesterday auctioned $12 billion of 29-year 10-month bonds with a 4 1/2% coupon at a 4.009% high yield, a price of 108.490231.
By Gary SiegelOctober 8 -
The European Central Bank yesterday announced that its Governing Council held interest rates at current levels at its latest monetary policy meeting.
By Gary SiegelOctober 8 -
NEW YORK - The Treasury Department today auctioned $12 billion of 29-year 10-month bonds with a 4 1/2% coupon at a 4.009% high yield, a price of 108.490231.
By Gary SiegelOctober 8 -
NEW YORK - The Treasury Department today sold $10 billion 16-day cash management bills, dated Oct. 13, due Oct. 29, at a 0.040% high tender rate.
By Gary SiegelOctober 8 -
NEW YORK - The Treasury Department said today it will auction $30 billion 91-day bills and $30 billion 182-day discount bills Tuesday.
By Gary SiegelOctober 8 -
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 SiegelOctober 8 -
The Treasury Department yesterday auctioned $20 billion of nine-year 10-month notes with a 3 5/8% coupon at a 3.210% high yield, a price of 103.470013. The bid-to-cover ratio was 3.01. Tenders at the high yield were allotted 12.77%. The median yield was 3.167%. The low yield was 3.090%.
By Gary SiegelOctober 7 -
NEW YORK - The Treasury Department auctioned $20 billion of 9-year 10-month notes with a 3 5/8% coupon at a 3.210% high yield, a price of 103.470013.
By Gary SiegelOctober 7 -
The Treasury Department yesterday auctioned $39 billion of three-year notes with a 1 3/8% coupon at a 1.445% yield, a price of 99.795210.
By Gary SiegelOctober 6 -
The Federal Reserve yesterday announced the results of its term-auction facility, selling $24.830 billion of 70-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 SiegelOctober 6 -
NEW YORK – Newly issued Treasury securities held in stripped form decreased about $759 million in September to a total of $173.825 billion, the Bureau of the Public Debt reported this afternoon.
By Gary SiegelOctober 6 -
NEW YORK - The Treasury Department today auctioned $39 billion of three-year notes with a 1 3/8% coupon at a 1.445% yield, a price of 99.795210.
By Gary SiegelOctober 6 -
NEW YORK - The Treasury Department today auctioned $24 billion of four-week bills at a 0.040% high yield, a price of 99.996889.
By Gary SiegelOctober 6 -
NEW YORK - The Treasury Department said it will auction $10 billion 16-day cash management bills on Thursday, Oct. 8.
By Gary SiegelOctober 6 -
NEW YORK – The Federal Reserve today announced the results of its term auction facility, selling $24.830 billion of 70-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 SiegelOctober 6 -
The Treasury Department yesterday sold $7 billion of inflation-indexed, nine year and nine month TIPs at a 1.510% yield, an adjusted price of 104.288697, with a 1 7/8% coupon.
By Gary SiegelOctober 5 -
The Federal Reserve announced yesterday it will set a 0.25% minimum bid on its $50 billion 70-day Term Auction Facility credit. Thursday is the settlement date. The loan matures Dec. 17.
By Gary SiegelOctober 5 -
The Conference Board’s employment trends index rose 0.3% to 88.5 in September, from a revised 88.2 in August, originally reported as 88.1, and is down 15.6% from a year ago, the group announced yesterday.
By Gary SiegelOctober 5 -
The Institute for Supply Management’s non-manufacturing business activity composite index was 50.9 in September, up from 48.4 in August, on a seasonally adjusted basis, the group said yesterday.
By Gary SiegelOctober 5