Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 1/27/23
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 1/20/23-1/27/23
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
| 1 | CA UNVHGR 3.07 05/15/2051 | 3.071% | 05/15/51 | 8.22% | 75.25 | 69.53 | 16 |
| 2 | MD MDSTRN 2.13 10/01/2031 | 2.125% | 10/01/31 | 7.85% | 93.93 | 87.09 | 6 |
| 3 | MN STPEDU 2.25 02/01/2035 | 2.250% | 02/01/35 | 7.50% | 86.72 | 80.67 | 2 |
| 4 | KS BUTSCD 3.00 09/01/2033 | 3.000% | 09/01/33 | 7.03% | 98.28 | 91.82 | 4 |
| 5 | NC WAK 3.00 03/01/2035 | 3.000% | 03/01/35 | 6.63% | 97.14 | 91.10 | 4 |
| 6 | IL CHIWTR 5.25 12/01/2032 | 5.250% | 12/01/32 | 5.74% | 125.47 | 118.66 | 5 |
| 7 | FL DAVWTR 3.25 10/01/2035 | 3.250% | 10/01/35 | 5.31% | 99.27 | 94.27 | 2 |
| 8 | OH CINWTR 2.63 12/01/2040 | 2.626% | 12/01/40 | 5.26% | 78.74 | 74.80 | 6 |
| 9 | TX LUBPWR 5.00 04/15/2029 | 5.000% | 04/15/29 | 3.73% | 115.86 | 111.69 | 15 |
| 10 | ID IERPWR 2.86 09/01/2046 | 2.861% | 09/01/46 | 3.61% | 76.03 | 73.38 | 4 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 1/20/23-1/27/23
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
| 1 | VA RIVUTL 3.25 10/01/2042 | 3.250% | 10/01/42 | -5.23% | 89.22 | 94.14 | 2 |
| 2 | VA BRIDEV 6.75 11/01/2033 | 6.750% | 11/01/33 | -4.07% | 82.53 | 86.03 | 2 |
| 3 | MO MOSMED 4.00 08/01/2041 | 4.000% | 08/01/41 | -3.70% | 86.53 | 89.85 | 3 |
| 4 | NJ NJSTRN 4.00 06/15/2050 | 4.000% | 06/15/50 | -3.57% | 96.98 | 100.57 | 2 |
| 5 | PR PRCPWR 5.00 07/01/2025 | 5.000% | 07/01/25 | -3.56% | 67.21 | 69.69 | 2 |
| 6 | TX SANWTR 4.00 05/15/2039 | 4.000% | 05/15/39 | -3.26% | 102.39 | 105.85 | 3 |
| 7 | TX SLKDEV 3.00 02/15/2036 | 3.000% | 02/15/36 | -3.15% | 89.63 | 92.55 | 2 |
| 8 | TX TXSSFH 3.00 03/01/2052 | 3.000% | 03/01/52 | -2.62% | 97.32 | 99.93 | 2 |
| 9 | CA OKYSCD 3.25 08/01/2041 | 3.250% | 08/01/41 | -1.98% | 89.97 | 91.79 | 2 |
| 10 | WI KENSCD 3.25 04/01/2037 | 3.250% | 04/01/37 | -1.81% | 97.09 | 98.88 | 3 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 1/20/23-1/27/23
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | AL | -16 bps | 3.35% | 3.51% |
| 2 | DC | -8 bps | 3.49% | 3.57% |
| 3 | CT | -7 bps | 3.20% | 3.27% |
| 4 | PA | -5 bps | 3.27% | 3.32% |
| 5 | MA | -5 bps | 3.11% | 3.15% |
| 6 | AZ | -4 bps | 2.96% | 3.00% |
| 7 | RI | -4 bps | 3.06% | 3.10% |
| 8 | MD | -3 bps | 2.80% | 2.83% |
| 9 | IA | -2 bps | 3.29% | 3.31% |
| 10 | MS | -2 bps | 3.09% | 3.11% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 1/20/23-1/27/23
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | MT | 51 bps | 3.36% | 2.85% |
| 2 | NC | 45 bps | 2.94% | 2.49% |
| 3 | UT | 26 bps | 2.99% | 2.73% |
| 4 | FL | 26 bps | 3.51% | 3.25% |
| 5 | KY | 24 bps | 3.29% | 3.05% |
| 6 | IN | 20 bps | 3.23% | 3.04% |
| 7 | VA | 20 bps | 2.95% | 2.75% |
| 8 | OH | 19 bps | 3.25% | 3.06% |
| 9 | ME | 16 bps | 3.19% | 3.04% |
| 10 | NV | 16 bps | 2.96% | 2.80% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 1/20/23-1/27/23 (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 1/20/23-1/27/23 (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 1/20/23-1/27/23 (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 1/20/23-1/27/23
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 1/20/23 vs. the week ending 1/27/23
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | NY NYCGEN 3.00 05/01/2046 | 3.00% | 05/01/46 | 40 | 125 | 85 | 213% |
| 2 | NY NYCUTL 3.00 06/15/2050 | 3.00% | 06/15/50 | 45 | 125 | 80 | 178% |
| 3 | NY NYSHGR 4.00 07/01/2051 | 4.00% | 07/01/51 | 20 | 95 | 75 | 375% |
| 4 | NY NYSDEV 3.00 03/15/2050 | 3.00% | 03/15/50 | 27 | 95 | 68 | 252% |
| 5 | NY NYC 5.00 08/01/2032 | 5.00% | 08/01/32 | 18 | 82 | 64 | 356% |
| 6 | OK OKSWTR 5.00 04/01/2051 | 5.00% | 04/01/51 | 32 | 93 | 61 | 191% |
| 7 | MN MINAPT 5.00 01/01/2027 | 5.00% | 01/01/27 | 12 | 73 | 61 | 508% |
| 8 | OK TULAPT 5.00 06/01/2027 | 5.00% | 06/01/27 | 10 | 69 | 59 | 590% |
| 9 | FL PINEDU 5.00 07/01/2027 | 5.00% | 07/01/27 | 5 | 64 | 59 | 1180% |
| 10 | OK OKSTRN 1.82 01/01/2031 | 1.82% | 01/01/31 | 10 | 69 | 59 | 590% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 1/20/23 – 1/27/23
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | NY NYSTRN 5.00 03/15/2053 | 5.00% | 03/15/53 | 36 |
| 2 | NY PORTRN 5.00 01/15/2052 | 5.00% | 01/15/52 | 30 |
| 3 | TX TXSWTR 4.00 10/15/2045 | 4.00% | 10/15/45 | 30 |
| 4 | VA HRDTRN 4.00 07/01/2050 | 4.00% | 07/01/50 | 30 |
| 5 | NY NYCGEN 5.00 02/01/2047 | 5.00% | 02/01/47 | 30 |
| 6 | NY TRBTRN 5.50 11/15/2057 | 5.50% | 11/15/57 | 29 |
| 7 | CA LOSUTL 5.00 07/01/2052 | 5.00% | 07/01/52 | 29 |
| 8 | NY NYCGEN 4.00 08/01/2045 | 4.00% | 08/01/45 | 29 |
| 9 | NY NYCDEV 3.00 11/15/2051 | 3.00% | 11/15/51 | 29 |
| 10 | UT UNIHGR 4.00 08/01/2051 | 4.00% | 08/01/51 | 28 |
Stay up-to-date with weekly summaries.
