Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 5/19/23
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 5/12/23-5/19/23
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
| 1 | CA SBDHGR 1.90 08/01/2030 | 1.898% | 08/01/30 | 3.14% | 84.22 | 81.66 | 5 |
| 2 | MO MOSMED 3.75 11/15/2039 | 3.750% | 11/15/39 | 2.51% | 94.64 | 92.33 | 3 |
| 3 | AL CGMMED 5.25 09/01/2047 | 5.250% | 09/01/47 | 2.43% | 109.42 | 106.82 | 3 |
| 4 | CO MESHGR 5.80 05/15/2040 | 5.800% | 05/15/40 | 2.33% | 107.37 | 104.92 | 7 |
| 5 | CA RVCFAC 8.09 11/01/2029 | 8.090% | 11/01/29 | 2.28% | 113.39 | 110.86 | 2 |
| 6 | MA MASHSG 2.00 12/01/2035 | 2.000% | 12/01/35 | 2.01% | 80.42 | 78.83 | 2 |
| 7 | OH OHSEDU 4.15 12/01/2030 | 4.150% | 12/01/30 | 1.50% | 96.33 | 94.90 | 2 |
| 8 | NY NYCGEN 1.92 02/01/2032 | 1.920% | 02/01/32 | 1.42% | 80.01 | 78.89 | 2 |
| 9 | KY SCOEDU 4.00 04/01/2043 | 4.000% | 04/01/43 | 1.37% | 99.22 | 97.88 | 6 |
| 10 | CT CTSHGR 5.00 07/01/2033 | 5.000% | 07/01/33 | 1.17% | 104.34 | 103.13 | 2 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 5/12/23-5/19/23
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
| 1 | NY NYCUTL 6.01 06/15/2042 | 6.011% | 06/15/42 | -6.49% | 114.18 | 122.11 | 7 |
| 2 | CA CMFHSG 4.00 04/01/2056 | 4.000% | 04/01/56 | -6.37% | 69.81 | 74.56 | 3 |
| 3 | TX GRA 4.00 02/15/2040 | 4.000% | 02/15/40 | -5.98% | 95.46 | 101.53 | 3 |
| 4 | GA BURPOL 2.25 10/01/2032 | 2.250% | 10/01/32 | -5.90% | 94.04 | 99.94 | 2 |
| 5 | TX TAMHGR 3.66 07/01/2047 | 3.660% | 07/01/47 | -5.79% | 81.02 | 85.99 | 20 |
| 6 | CA UNVHGR 3.07 05/15/2051 | 3.071% | 05/15/51 | -5.01% | 69.61 | 73.28 | 7 |
| 7 | CA GLDGEN 4.21 06/01/2050 | 4.214% | 06/01/50 | -4.29% | 76.74 | 80.17 | 7 |
| 8 | TX CRITRN 3.26 12/01/2038 | 3.261% | 12/01/38 | -4.07% | 79.23 | 82.59 | 8 |
| 9 | CA IMRHGR 2.97 08/01/2034 | 2.969% | 08/01/34 | -3.97% | 84.21 | 87.69 | 5 |
| 10 | MD BALGEN 2.81 07/01/2040 | 2.814% | 07/01/40 | -3.93% | 75.89 | 78.99 | 6 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 5/12/23-5/19/23
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | SC | -14 bps | 3.33% | 3.48% |
| 2 | AK | -6 bps | 3.15% | 3.21% |
| 3 | LA | -5 bps | 3.44% | 3.49% |
| 4 | GA | -5 bps | 3.01% | 3.06% |
| 5 | KY | -3 bps | 3.48% | 3.51% |
| 6 | DC | -1 bps | 3.85% | 3.86% |
| 7 | OK | 0 bps | 3.08% | 3.08% |
| 8 | NV | 0 bps | 3.37% | 3.37% |
| 9 | NH | 1 bps | 3.29% | 3.28% |
| 10 | AL | 1 bps | 3.87% | 3.85% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 5/12/23-5/19/23
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | VA | 40 bps | 3.21% | 2.81% |
| 2 | MS | 40 bps | 4.11% | 3.72% |
| 3 | RI | 36 bps | 3.45% | 3.09% |
| 4 | MD | 32 bps | 3.19% | 2.87% |
| 5 | WI | 30 bps | 3.71% | 3.40% |
| 6 | PA | 28 bps | 3.72% | 3.44% |
| 7 | IN | 27 bps | 3.60% | 3.33% |
| 8 | IL | 27 bps | 3.78% | 3.50% |
| 9 | AR | 25 bps | 3.62% | 3.37% |
| 10 | TN | 21 bps | 3.56% | 3.36% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 5/12/23-5/19/23 (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 5/12/23-5/19/23 (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 5/12/23-5/19/23 (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 5/12/23-5/19/23
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 5/12/23 vs. the week ending 5/19/23
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | PA PASTRN 4.00 12/01/2053 | 4.000% | 12/01/53 | 48 | 117 | 69 | 144% |
| 2 | AZ MARDEV 4.00 01/01/2048 | 4.000% | 01/01/48 | 38 | 105 | 67 | 176% |
| 3 | FL MIATRN 4.00 07/01/2047 | 4.000% | 07/01/47 | 14 | 70 | 56 | 400% |
| 4 | ND GRAMED 3.00 12/01/2051 | 3.000% | 12/01/51 | 52 | 106 | 54 | 104% |
| 5 | TX AMASCD 4.00 02/01/2029 | 4.000% | 02/01/29 | 5 | 57 | 52 | 1040% |
| 6 | NY NYC 4.00 04/01/2050 | 4.000% | 04/01/50 | 130 | 182 | 52 | 40% |
| 7 | GA MELPWR 5.00 01/01/2063 | 5.000% | 01/01/63 | 58 | 109 | 51 | 88% |
| 8 | CA CAS 5.00 10/01/2033 | 5.000% | 10/01/33 | 25 | 75 | 50 | 200% |
| 9 | NJ HUDGEN 4.00 10/01/2051 | 4.000% | 10/01/51 | 56 | 102 | 46 | 82% |
| 10 | NE SAUSCD 3.00 12/15/2044 | 3.000% | 12/15/44 | 25 | 70 | 45 | 180% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 5/12/23 – 5/19/23
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | CA CAS 5.00 10/01/2036 | 5.000% | 10/01/36 | 42 |
| 2 | NY NYC 4.00 04/01/2050 | 4.000% | 04/01/50 | 36 |
| 3 | NY NYCUTL 4.13 06/15/2047 | 4.125% | 06/15/47 | 36 |
| 4 | CA CAS 5.00 10/01/2039 | 5.000% | 10/01/39 | 36 |
| 5 | NY TRBTRN 5.00 11/15/2056 | 5.000% | 11/15/56 | 35 |
| 6 | OK OKSWTR 4.00 04/01/2048 | 4.000% | 04/01/48 | 34 |
| 7 | OK OKSWTR 4.13 04/01/2053 | 4.125% | 04/01/53 | 34 |
| 8 | PR PRCGEN 5.00 07/01/2058 | 5.000% | 07/01/58 | 33 |
| 9 | NY NYCUTL 4.13 06/15/2046 | 4.125% | 06/15/46 | 33 |
| 10 | CA CASMED 4.00 11/01/2044 | 4.000% | 11/01/44 | 31 |
Stay up-to-date with weekly summaries.
