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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With talk of a possible mini deal on trade with China and the Federal Reserve announcing it will buy about $60 billion of Treasury bills each month to build its reserves, the 10-year Treasury note was yielding more than three-month bills on Friday for the first time since July.
By Gary SiegelOctober 11 -
Part of the problem could be “the apparent failure of mainstream economic models to capture fully the current reality.”
By Gary SiegelOctober 10 -
The markets will be soothed by September nonfarm payrolls that rose 136,000 while the unemployment rate sank to 3.5%, its lowest level since December 1969.
By Gary SiegelOctober 4 -
Slower-than-expected services sector growth and weakness in orders and employment "almost assure that the Fed cuts rates later this month."
By Gary SiegelOctober 3 -
Recession concerns remain muted, even though manufacturing hit a 40-month low and businesses have turned "more cautious" in their hiring.
By Gary SiegelOctober 2 -
There are ways to promote the Federal Reserve’s independence, but it would require changes to the current system, which is based on a “fuzzy mandate,” according to members of the Shadow Open Market Committee.
By Gary SiegelOctober 1 -
Not all of the threats and challenges to the Federal Reserve’s independence and credibility are external, according to former Federal Reserve Bank of Philadelphia President Charles Plosser.
By Gary SiegelSeptember 30 -
The economy is doing well and the Federal Reserve should hold rates for now, Federal Reserve Bank of Philadelphia President Patrick Harker said Friday.
By Gary SiegelSeptember 27 -
The start of an impeachment inquiry brings uncertainty, as business investment continues to be soft.
By Gary SiegelSeptember 26 -
Interest rates should be less than 1.5%, not the current 1.75% to 2%, according to Federal Reserve Bank of Minneapolis President Neel Kashkari.
By Gary SiegelSeptember 25