Municipal Bond Market Summary – Week Ending 5/28/21
Weekly Muni Sentiment was decidedly negative last week with Decliners outpacing Advancers 2:1 as investors bid down muni bonds in a secular shift towards higher yielding assets.
Weekly Muni Sentiment was decidedly negative last week with Decliners outpacing Advancers 2:1 as investors bid down muni bonds in a secular shift towards higher yielding assets.
AT&T CORP lands on the top of the Most Quoted IG Corp list last week (38 banks/dealers) as the company announced that it would spin off its media assets and merge them with Discover Inc.
SIGMA BIDCO EUR TL B1 was the Most Quoted Loan for last week and the month of May with 20 banks/dealers quoting the loan.
Weekly Bank Loan Sentiment was largely positive last week with Advancers outpacing Decliners 5:4 as investors remain optimistic in the reopening trade.