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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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 -
The municipal market was unchanged to slightly weaker yesterday. Traders said tax-exempt yields on the short and intermediate parts of the curve were unchanged, with some scattered weakness on the long end of the curve.
October 27
