Mike Scarchilli has been with The Bond Buyer since 2005, serving at the helm as Editor in Chief since 2013. Scarchilli was previously Managing Editor, responsible for the day-to-day operations of the brand’s web site and newspaper. Before becoming an editor, Scarchilli was The Bond Buyer’s senior market correspondent, covering the cross-market fallout from the subprime debt crisis, and earlier was a regional reporter covering issuers in the Northeast. He holds a bachelor's in journalism from New York University.
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NEW YORK – The California municipal market was firmer Thursday, with particular strength on the long end of the curve.
December 16 -
The municipal market weakened slightly Wednesday following two sessions of substantial losses, as more than $1 billion of Build America Bonds hit the primary with only two weeks remaining in the taxable bond program.
December 15 -
NEW YORK - The California municipal market was slightly weaker Wednesday following two sessions of substantial losses.
December 15 -
NEW YORK - The municipal market was slightly weaker Wednesday following two sessions of substantial losses, as more than $1 billion of Build America Bonds hit the primary with the program's expiration looming.
December 15 -
Yields in the municipal market rose to 21-month highs Tuesday as the expectation that the Build America Bonds program will expire at year's end spurred issuers to bring more of the taxable product to market.
December 14 -
NEW YORK - Yields in the California municipal market rose dramatically Wednesday as the expectation that tbe Build America Bond program will expire at year's end spurred issuers to bring more of the taxable product to market.
December 14 -
NEW YORK — Yields in the municipal market rose dramatically Wednesday as the expectation that tbe Build America Bond program will expire at year's end spurred issuers to bring more of the taxable product to market.
December 14 -
The municipal market weakened Monday, despite the strengthening Treasury market, ahead of more than $10 billion of new issuance expected this week.
December 13 -
NEW YORK – The municipal market was weaker Monday, ignoring a strengthening Treasury market, ahead of more than $10 billion of expected new issuance this week.
December 13 -
NEW YORK – The California municipal market was weaker Monday, ignoring a strengthening Treasury market, ahead of more than $10 billion of expected new issuance this week.
December 13 -
Market participants were already making funeral arrangements for Build America Bonds one day after federal lawmakers failed to extend the program in a compromise tax bill released late Thursday.
December 10 -
The municipal market was unchanged to slightly weaker Friday amid fairly light secondary trading.
December 10 -
NEW YORK – The California municipal market was unchanged to slightly weaker Friday amid fairly light secondary trading.
December 10 -
NEW YORK – The municipal market was unchanged to slightly weaker Friday amid fairly light secondary trading.
December 10 -
The Bond Buyer’s weekly yield indexes increased this week as the absence of an extension of the Build America Bond program in a new tax bill led to two consecutive mid-week routs that brought 20-year yields to a 17-month high.
December 9 -
The municipal market was mostly unchanged with some long-end gains Thursday afternoon as yields began to stabilize after two consecutive volatile sessions.
December 9 -
NEW YORK – The municipal market was mostly unchanged with some long-end gains Thursday afternoon as yields began to stabilize after two consecutive volatile sessions.
December 9 -
NEW YORK – The California municipal market was mostly unchanged with some long-end gains Thursday afternoon as yields began to stabilize after two consecutive volatile sessions.
December 9 -
The municipal market endured another session of pronounced losses Wednesday as continued uncertainty over the future of Build America Bonds helped boost yields 10 to 12 basis points, driving the 20-year scale to a 17-month high.
December 8 -
NEW YORK - The California municipal market endured another session of pronounced losses Wednesday, as yields climbed 10 to 12 basis points amid continued uncertainty over the future of Build America Bonds, driving 20-year yields to 17-month highs.
December 8

