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.
-
Most of The Bond Buyer’s yield indexes declined this week, as the municipal market grew firmer over the past several sessions in the last full week of activity prior to the Thanksgiving holiday.
November 19 -
The municipal market was slightly firmer yesterday as the California State Public Works Board sold $743.3 million of lease revenue bonds.
November 19 -
The municipal market was slightly firmer yesterday. Traders said tax-exempt yields were lower by about three basis points overall.
November 18 -
The municipal market was mostly firmer yesterday, with some weakness on the long end, as a $1.5 billion offering from the Empire State Development Corp. hit the primary market, the week’s largest offering.
November 17 -
The municipal market was mixed yesterday, opening up what will be another new-issue driven week ahead of the Thanksgiving holiday.
November 16 -
The municipal market was mostly unchanged with a slightly firmer tone Friday.
November 13 -
The municipal market was unchanged to slightly firmer, as market participants returned to work after the Veterans Day holiday.
November 12 -
The Bond Buyer’s weekly yield indexes were mixed during this holiday-shortened week.
November 12 -
The municipal market was closed in observance of Veterans Day yesterday, providing a brief pause after a four-week period in which yield levels have risen.
November 11 -
The municipal market was mostly unchanged yesterday, amid Goldman, Sachs & Co.’s pricing of the California Statewide Communities Development Authority’s $1.9 billion revenue bond sale.
November 10 -
The municipal market was slightly firmer yesterday and traders said tax-exempt yields were lower by two or three basis points overall.
November 9 -
The Bond Buyer’s weekly yield indexes rose this week amid a heavy onslaught of new issuance, mainly out of California, and a mostly unchanged secondary market.
November 5 -
The municipal market was again unchanged yesterday, as the Dormitory Authority of the State of New York came to market with over $400 million of debt.
November 5 -
The municipal market remained unchanged yesterday, amid California’s issuance of $1.3 billion of general obligation bonds.
November 4 -
The municipal market was again unchanged yesterday as Citi priced $908 million of taxable Build America Bonds for California.
November 3 -
The municipal market was unchanged yesterday ahead of a heavy slate of new issuance set to hit the primary market later this week, including a $750 sale of taxable Build America Bonds for California scheduled for today, which the state announced yesterday.
November 2 -
The municipal market was mostly unchanged Friday in light trading activity following a barrage of new issuance this week.
October 30 -
The Bond Buyer’s weekly yield indexes rose this week amid light trading in the secondary market, as a flood of issuance in the new-issue market captured participants’ attention and focus.
October 29 -
Amid a flat to weaker secondary, California came to the municipal market yesterday with a $3.5 billion refunding of economic recovery bonds, by far the largest deal to hit the market in a new-issue dominated week.
October 29 -
The municipal market was mixed yesterday, as the Bay Area Toll Authority led an active primary market with $1.3 billion of taxable Build America Bonds.
October 28
