High Yield Corporate Bond Market Summary – Week Ending 4/23/21
GT 5.125 11/15/2023 ranked as top Most Quoted HY Corp, being quoted by 37 dealers last week in anticipation of quarterly results to be announced on Friday, April 30th..
Municipal Bond Market Summary – Week Ending 4/23/21
Decliners outpaced Advancers 3:1 last week as federal tax policy discussions may be incentivizing some investors to sell some of their appreciated assets in advance of likely increased capital gains taxes.
Investment Grade Corporate Bond Market Summary – Week Ending 4/23/21
Verizon & AT&T bonds represented 5 of the top 10 most quoted bonds as both companies announced earnings last week that impressed investors and as attention begins to focus on 5G roll out and spectrum assets.
Syndicated Bank Loan Market Summary – Week Ending 4/23/21
RADNET TL B ranked as top Quote Volume Mover with a 2,500% increase in quote activity as the company completed a refinancing that reduced interest rates by 50bps and extended maturity dates.
High Yield Corporate Bond Market Summary – Week Ending 4/16/21
The Energy: Electricity industry had the largest change in average price, up 1.2% from 95.75 to 96.91, led by gains in MSU ENERGY, ENVISION ENERGY bonds.
Investment Grade Corporate Bond Market Summary – Week Ending 4/16/21
Issuer HUARONG FINANCE (ticker: HRINTH) bonds dominated the top 18 spots on our IG Quote Volume Movers last week as Chinese regulators stated that the firm's operations are normal and liquidity is ample, causing the bonds to rally.
Municipal Bond Market Summary – Week Ending 4/16/21
The state of Minnesota has been the Muni Bond 'Winner' for the past two weeks, with last week's 10yr yield ending the week at 1.40%.
Syndicated Bank Loan Market Summary – Week Ending 4/16/21
AMERICAN AIRLINES TL B & STARS GROUP TL B were the only 2 of the market's 20 largest loans to increase in price last week in a decidedly bearish week for the loan market.
High Yield Corporate Bond Market Summary – Week Ending 4/9/21
AMC 6.125 5/15/2027 ranked as the second top High Yield Corp 'Winner' last week with a price of $72.92.
Investment Grade Corporate Bond Market Summary – Week Ending 4/9/21
Four tranches from CINCINNATI GAS & ELEC CO made it on the IG Corp top Quote Volume list this week, with the largest increase in quote volume.
