Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 1/20/23
Our newsletter presents key trends derived from observable Municipal Bond pricing data over a weekly period.
Top 10 Performers
Showcases the top 10 Muni Bond performers based on price movements between 1/13/23-1/20/23
RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
1 | OR ORSHGR 1.79 06/30/2030 | 1.793% | 06/30/30 | 8.43% | 85.00 | 78.39 | 16 |
2 | PA MONHGR 4.00 09/01/2049 | 4.000% | 09/01/49 | 7.66% | 97.77 | 90.81 | 4 |
3 | AZ SALPWR 4.84 01/01/2041 | 4.839% | 01/01/41 | 7.33% | 103.57 | 96.49 | 4 |
4 | FL MIATRN 4.00 07/01/2050 | 4.000% | 07/01/50 | 7.12% | 98.19 | 91.67 | 6 |
5 | VA VACHGR 3.00 02/01/2036 | 3.000% | 02/01/36 | 7.10% | 95.77 | 89.43 | 4 |
6 | NY NYCDEV 3.00 11/15/2051 | 3.000% | 11/15/51 | 6.80% | 74.94 | 70.17 | 4 |
7 | CA SBDDEV 2.98 09/01/2035 | 2.982% | 09/01/35 | 6.54% | 85.34 | 80.11 | 2 |
8 | TX TXSHGR 2.65 05/15/2047 | 2.647% | 05/15/47 | 6.28% | 72.90 | 68.60 | 3 |
9 | CA CASGEN 3.00 04/01/2050 | 3.000% | 04/01/50 | 6.18% | 79.96 | 75.30 | 12 |
10 | TX HAR 5.00 10/01/2047 | 5.000% | 10/01/47 | 6.06% | 115.85 | 109.22 | 12 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 1/13/23-1/20/23
RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
1 | IL FRE 3.85 01/01/2026 | 3.850% | 01/01/26 | -5.88% | 96.67 | 102.71 | 2 |
2 | VA HMRUTL 5.00 10/01/2032 | 5.000% | 10/01/32 | -4.55% | 106.47 | 111.54 | 2 |
3 | IL ILSGEN 3.25 05/15/2039 | 3.250% | 05/15/39 | -4.50% | 87.95 | 92.10 | 2 |
4 | WY WYSHSG 3.20 12/01/2041 | 3.200% | 12/01/41 | -2.56% | 90.93 | 93.32 | 2 |
5 | MI OKLHGR 5.00 03/01/2035 | 5.000% | 03/01/35 | -2.27% | 105.56 | 108.01 | 3 |
6 | NY NYSHSG 1.95 11/01/2032 | 1.950% | 11/01/32 | -2.00% | 83.40 | 85.10 | 2 |
7 | NY MTATRN 4.00 11/15/2044 | 4.000% | 11/15/44 | -1.82% | 99.81 | 101.66 | 3 |
8 | FL FLSHSG 1.55 01/01/2032 | 1.550% | 01/01/32 | -1.56% | 88.62 | 90.02 | 2 |
9 | IL REGTRN 5.00 07/01/2028 | 5.000% | 07/01/28 | -1.50% | 111.07 | 112.77 | 2 |
10 | TN TNSHSG 3.50 01/01/2047 | 3.500% | 01/01/47 | -1.48% | 99.08 | 100.57 | 2 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 1/13/23-1/20/23
RANK | STATE | CHANGE | YLD | YLD-1W |
1 | OR | -36 bps | 3.46% | 3.82% |
2 | HI | -35 bps | 3.51% | 3.86% |
3 | MS | -33 bps | 3.08% | 3.41% |
4 | CT | -27 bps | 3.25% | 3.52% |
5 | ME | -25 bps | 3.22% | 3.47% |
6 | GA | -22 bps | 3.13% | 3.35% |
7 | NJ | -21 bps | 3.27% | 3.48% |
8 | NE | -20 bps | 3.01% | 3.21% |
9 | KS | -20 bps | 3.14% | 3.34% |
10 | SC | -19 bps | 3.00% | 3.19% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 1/13/23-1/20/23
RANK | STATE | CHANGE | YLD | YLD-1W |
1 | MD | 30 bps | 3.19% | 2.88% |
2 | AZ | 23 bps | 3.16% | 2.93% |
3 | IL | 19 bps | 3.66% | 3.47% |
4 | AL | 17 bps | 3.23% | 3.06% |
5 | MO | 15 bps | 3.62% | 3.47% |
6 | TN | 13 bps | 3.30% | 3.17% |
7 | MA | 6 bps | 3.22% | 3.16% |
8 | NH | 4 bps | 2.66% | 2.61% |
9 | FL | 4 bps | 3.30% | 3.26% |
10 | WA | 0 bps | 3.55% | 3.54% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 1/13/23-1/20/23 (General Obligation and Revenue Bonds)
Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
10 Year Yield by State – GO Only
Displays the average Muni 10 year yield by state between 1/13/23-1/20/23 (General Obligation Bonds only)
Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
10 Year Yield by State – Rev Only
Displays the average Muni 10 year yield by state between 1/13/23-1/20/23 (Revenue Bonds only)
Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
Sentiment
Reveals the percent of Muni bonds increasing in price (advancers) vs. decreasing in price (decliners) between 1/13/23-1/20/23
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 1/13/23 vs. the week ending 1/20/23
RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
1 | NY MTATRN 5.25 11/15/2057 | 5.25% | 11/15/57 | 29 | 110 | 81 | 279% |
2 | NY MTATRN 4.00 11/15/2051 | 4.00% | 11/15/51 | 5 | 82 | 77 | 1540% |
3 | NY NYCDEV 3.00 03/01/2049 | 3.00% | 03/01/49 | 28 | 104 | 76 | 271% |
4 | NY NYSHGR 5.00 07/01/2049 | 5.00% | 07/01/49 | 5 | 80 | 75 | 1500% |
5 | NY TRBTRN 5.00 11/15/2051 | 5.00% | 11/15/51 | 37 | 109 | 72 | 195% |
6 | NY NYSDEV 3.00 03/15/2048 | 3.00% | 03/15/48 | 9 | 80 | 71 | 789% |
7 | TX AUSUTL 5.00 11/15/2039 | 5.00% | 11/15/39 | 17 | 75 | 58 | 341% |
8 | WA DOUUTL 5.00 09/01/2047 | 5.00% | 09/01/47 | 6 | 64 | 58 | 967% |
9 | CO DENSCD 4.00 12/01/2045 | 4.00% | 12/01/45 | 38 | 95 | 57 | 150% |
10 | GA ATLAPT 4.00 07/01/2040 | 4.00% | 07/01/40 | 21 | 76 | 55 | 262% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 1/13/23 – 1/20/23
RANK | TRANCHE | COUPON | MATURITY | DEALERS |
1 | NY NYSTRN 5.00 03/15/2053 | 5.00% | 03/15/53 | 35 |
2 | NY NYCGEN 5.00 02/01/2047 | 5.00% | 02/01/47 | 32 |
3 | NY NYCGEN 4.00 08/01/2045 | 4.00% | 08/01/45 | 31 |
4 | VA HRDTRN 4.00 07/01/2050 | 4.00% | 07/01/50 | 30 |
5 | NY PORTRN 5.00 01/15/2052 | 5.00% | 01/15/52 | 30 |
6 | UT UNIHGR 4.00 08/01/2051 | 4.00% | 08/01/51 | 30 |
7 | PR PRCGEN 5.00 07/01/2058 | 5.00% | 07/01/58 | 30 |
8 | NY TRBTRN 5.50 11/15/2057 | 5.50% | 11/15/57 | 29 |
9 | TX TXSWTR 4.00 10/15/2045 | 4.00% | 10/15/45 | 27 |
10 | MA MAS 5.00 07/01/2045 | 5.00% | 07/01/45 | 27 |
Stay up-to-date with weekly summaries.