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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Tax-exempt yields rose precipitously for the third consecutive session Wednesday, with 30-year yields again reaching 15-month highs as purchasers were overwhelmed and deterred by the barrage of new-issue supply hitting the primary this week.
November 17 -
NEW YORK – Tax-exempt yields rose dramatically for the third straight session Wednesday, with 30-year yields again reaching 15-month highs as participants attempt to deal with the barrage of new-issue supply hitting the primary this week.
November 17 -
NEW YORK – Tax-exempt yields rose dramatically for the third straight session Wednesday, with 30-year yields again reaching 15-month highs as participants attempt to deal with the barrage of new-issue supply hitting the primary this week.
November 17 -
NEW YORK – Substantial supply-driven weakness continued to plague the California municipal market Tuesday amid a rout that saw several deals pulled from the calendar and 30-year yields shoot to 15-month highs.
November 16 -
The municipal market weakened Monday as concern about this week’s massive new-issue calendar weighed heavily on secondary trading, sending 30-year yields to a 12-month high.
November 15 -
NEW YORK - The municipal market was weaker Monday as concerns over this week’s massive new-issue calendar weigh heavily on secondary trading.
November 15 -
NEW YORK – The California municipal market was weaker Monday as concerns over this week’s massive new-issue calendar weigh heavily on secondary trading.
November 15 -
The municipal market was slightly weaker Friday amid fairly light secondary trading activity, ahead of more than $14 billion of new issuance in the coming week.
November 12 -
NEW YORK – The California municipal market was slightly weaker Friday amid fairly light secondary trading activity, ahead of more than $14 billion of new issuance in coming week.
November 12 -
NEW YORK - The municipal market was slightly weaker Friday amid fairly light secondary trading activity, ahead of more than $14 billion of new issuance in coming week.
November 12 -
Nearly all The Bond Buyer’s weekly yield indexes increased considerably throughout this holiday-shortened week as supply pressure weighed heavily on long-term munis.
November 11 -
The municipal market was again weaker Wednesday amid light to moderate secondary trading ahead of Thursday’s market closure in observance of Veterans Day.
November 10 -
NEW YORK - The municipal market was again weaker Wednesday amid light to moderate secondary trading ahead of Thursday’s market closure in observance of Veterans Day.
November 10 -
NEW YORK – The California municipal market was again weaker Wednesday amid light to moderate secondary trading ahead of Thursday’s market closure in observance of Veterans Day.
November 10 -
The municipal market was weaker by six to eight basis points overall Tuesday, with yields widening to 10-to-12 basis points on the long end, amid a flood of new issuance.
November 9 -
NEW YORK - The municipal market was weaker by six to eight basis points overall Tuesday, with weakness stretching to a 10-to-12 basis point range on the long, amid a flood of new-issue supply.
November 9 -
NEW YORK – The California municipal market was weaker by six to eight basis points overall Tuesday, with weakness stretching to a 10-to-12 basis point range on the long, amid a flood of new-issue supply.
November 9 -
The municipal market was unchanged to slightly weaker Monday amid fairly light secondary trading activity.
November 8 -
NEW YORK - The municipal market was unchanged to slightly weaker Monday amid fairly light secondary trading activity.
November 8 -
NEW YORK – The California municipal market was unchanged to slightly weaker Monday amid fairly light secondary trading activity.
November 8
