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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Most of The Bond Buyer’s weekly yield indexes rose this week, as several weeks of permeating market firmness began to reverse and some weakness appeared.
October 8 -
Amid a weakening municipal market yesterday, California came with a massive $4.125 billion sale of taxable, tax-exempt, and Build America Bonds.
October 8 -
The municipal market was slightly weaker yesterday, as California held the second day of a retail order period prior to today’s institutional pricing of its massive $4.5 billion bond sale.
October 7 -
The municipal market was slightly weaker yesterday after nearly three weeks of firmness, while California priced for retail investors a portion of this week’s massive $4.5 billion general obligation bond sale.
October 6 -
The municipal market was quiet and unchanged yesterday, ending a string of trading sessions where firmness reigned for more than two weeks.
October 5 -
The municipal market ended the week’s trading with another slightly firmer session Friday. Traders said tax-exempt yields in the secondary market were lower by two or three basis points.
October 2 -
Two of The Bond Buyer’s weekly yield indexes declined to 40-year lows this week as yields dropped slightly in all the week’s sessions.
October 1 -
The municipal market was flat to slightly firmer as Ohio’s American Municipal Power Inc. came to market with $470.7 million of taxable debt, including $386.6 million of Build America Bonds.
October 1 -
NEW YORK – The California municipal market was flat to slightly firmer today. Traders said tax-exempt yields in the secondary market were flat to lower by one or two basis points.
October 1 -
New York City led the way in the municipal market yesterday with more than $2 billion of taxable and tax-exempt debt over two issues, which included $800 million of Build America Bonds, amid a firmer secondary market.
September 30 -
The municipal market was unchanged to slightly firmer yesterday, as the Virginia Public School Authority came to market with $481 million of bonds, leading the new-issue offerings.
September 29 -
With many market participants away in observance of the Yom Kippur holiday, trading was light and tax-exempts were unchanged to slightly firmer yesterday.
September 28 -
The municipal market showed gains Friday, as it did in every session last week. Traders said tax-exempt yields were unchanged to firmer by two or three basis points, with most of the gains found on the long end of the curve.
September 25 -
The Bond Buyer’s weekly yield indexes again fell this week, extending a string of declines seen over several weeks and recording an all-time low on the one-year index.
September 24 -
The municipal market was unchanged to slightly firmer yesterday. Traders said tax-exempt yields were flat to lower by one or two basis points in spots.
September 24 -
The municipal market was slightly firmer yesterday, as JPMorgan priced for institutional investors California's mammoth $8.8 billion revenue anticipation note transaction.
September 23 -
The municipal market was unchanged to slightly firmer yesterday, as JPMorgan continued retail pricing on the mammoth $8.8 billion California revenue anticipation note sale.
September 22 -
NEW YORK – The California municipal market was unchanged to slightly firmer today, as JPMorgan continued retail pricing on the mammoth $8.8 billion California revenue anticipation note sale.
September 22 -
NEW YORK – The municipal market was unchanged to slightly firmer today, as JPMorgan continued retail pricing on the mammoth $8.8 billion California revenue anticipation note sale.
September 22 -
The municipal market was slightly firmer yesterday, and JPMorgan began retail pricing on an $8.8 billion California revenue anticipation note sale.
September 21
