Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 6/16/23
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 6/9/23-6/16/23
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
| 1 | PR PRCPWR 5.25 07/01/2026 | 5.250% | 07/01/26 | 3.94% | 69.77 | 67.13 | 2 |
| 2 | NY DUTDEV 4.00 07/01/2041 | 4.000% | 07/01/41 | 3.86% | 90.98 | 87.60 | 8 |
| 3 | PA PASSFH 3.20 10/01/2041 | 3.200% | 10/01/41 | 3.56% | 86.77 | 83.79 | 3 |
| 4 | IL STSGEN 4.64 01/01/2040 | 4.637% | 01/01/40 | 3.21% | 95.81 | 92.83 | 3 |
| 5 | MA BKL 1.63 02/15/2034 | 1.625% | 02/15/34 | 3.11% | 82.73 | 80.24 | 13 |
| 6 | NJ EGW 3.00 11/01/2031 | 3.000% | 11/01/31 | 3.01% | 98.32 | 95.44 | 2 |
| 7 | DC DISREV 6.25 07/01/2059 | 6.250% | 07/01/59 | 3.00% | 103.00 | 100.00 | 2 |
| 8 | CA FOOTRN 2.19 01/15/2032 | 2.191% | 01/15/32 | 2.97% | 80.99 | 78.66 | 6 |
| 9 | NY NYCDEV 3.00 11/15/2051 | 3.000% | 11/15/51 | 2.92% | 74.99 | 72.87 | 14 |
| 10 | PR PRC 4.00 07/01/2041 | 4.000% | 07/01/41 | 2.77% | 87.01 | 84.66 | 13 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 6/9/23-6/16/23
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
| 1 | PA POMFAC 5.05 08/15/2049 | 5.050% | 08/15/49 | -4.14% | 88.63 | 92.46 | 3 |
| 2 | CA CASHGR 2.98 11/01/2051 | 2.975% | 11/01/51 | -4.09% | 69.46 | 72.42 | 3 |
| 3 | CA ROSSCD 3.00 08/01/2040 | 3.000% | 08/01/40 | -3.88% | 86.47 | 89.95 | 8 |
| 4 | NY NYSHSG 3.35 11/01/2046 | 3.350% | 11/01/46 | -3.36% | 81.26 | 84.08 | 3 |
| 5 | CA UNVHGR 3.93 05/15/2045 | 3.931% | 05/15/45 | -3.12% | 91.66 | 94.61 | 2 |
| 6 | IL BOL 4.00 01/01/2029 | 4.000% | 01/01/29 | -2.97% | 99.08 | 102.11 | 2 |
| 7 | ME AUB 2.00 11/01/2034 | 2.000% | 11/01/34 | -2.90% | 81.60 | 84.04 | 7 |
| 8 | CA CASFIN 4.00 02/01/2051 | 4.000% | 02/01/51 | -2.59% | 94.18 | 96.68 | 3 |
| 9 | AR LITSCD 2.50 02/01/2052 | 2.500% | 02/01/52 | -2.40% | 64.54 | 66.12 | 2 |
| 10 | KY LOUMED 4.00 10/01/2036 | 4.000% | 10/01/36 | -2.40% | 97.90 | 100.31 | 20 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 6/9/23-6/16/23
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | VA | -38 bps | 2.81% | 3.19% |
| 2 | MS | -32 bps | 4.09% | 4.40% |
| 3 | RI | -24 bps | 3.26% | 3.50% |
| 4 | AK | -23 bps | 3.05% | 3.28% |
| 5 | CT | -23 bps | 3.37% | 3.59% |
| 6 | ND | -19 bps | 3.28% | 3.47% |
| 7 | OH | -19 bps | 3.95% | 4.14% |
| 8 | SD | -16 bps | 3.55% | 3.70% |
| 9 | KY | -13 bps | 3.50% | 3.63% |
| 10 | MD | -13 bps | 3.24% | 3.37% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 6/9/23-6/16/23
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | FL | 29 bps | 3.94% | 3.65% |
| 2 | HI | 28 bps | 4.05% | 3.76% |
| 3 | UT | 25 bps | 3.45% | 3.20% |
| 4 | SC | 18 bps | 3.56% | 3.38% |
| 5 | WV | 17 bps | 3.23% | 3.07% |
| 6 | DE | 12 bps | 3.28% | 3.16% |
| 7 | WI | 11 bps | 3.82% | 3.71% |
| 8 | OK | 9 bps | 3.39% | 3.30% |
| 9 | NV | 7 bps | 3.22% | 3.15% |
| 10 | CO | 5 bps | 3.80% | 3.75% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 6/9/23-6/16/23 (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 6/9/23-6/16/23 (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 6/9/23-6/16/23 (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 6/9/23-6/16/23
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 6/9/23 vs. the week ending 6/16/23
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | NY NYSTRN 3.00 03/15/2049 | 3.000% | 03/15/49 | 14 | 99 | 85 | 607% |
| 2 | NJ NJS 5.00 06/01/2028 | 5.000% | 06/01/28 | 19 | 98 | 79 | 416% |
| 3 | TX DVLSCD 4.00 06/15/2047 | 4.000% | 06/15/47 | 5 | 61 | 56 | 1120% |
| 4 | MD FRE 1.63 10/01/2034 | 1.625% | 10/01/34 | 10 | 65 | 55 | 550% |
| 5 | MD FRE 1.63 10/01/2035 | 1.625% | 10/01/35 | 10 | 65 | 55 | 550% |
| 6 | CO DENAPT 5.00 12/01/2031 | 5.000% | 12/01/31 | 18 | 70 | 52 | 289% |
| 7 | TX TAMHGR 5.00 07/01/2032 | 5.000% | 07/01/32 | 12 | 64 | 52 | 433% |
| 8 | NY TRBTRN 4.00 11/15/2056 | 4.000% | 11/15/56 | 24 | 74 | 50 | 208% |
| 9 | MD FRE 1.50 10/01/2033 | 1.500% | 10/01/33 | 10 | 59 | 49 | 490% |
| 10 | MO STLAPT 5.50 07/01/2031 | 5.500% | 07/01/31 | 47 | 96 | 49 | 104% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 6/9/23 – 6/16/23
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | AZ SALAGR 5.00 01/01/2047 | 5.000% | 01/01/47 | 41 |
| 2 | WV WVSMED 4.38 06/01/2053 | 4.380% | 06/01/53 | 39 |
| 3 | PR PRCGEN 5.00 07/01/2058 | 5.000% | 07/01/58 | 37 |
| 4 | TX FORSCD 4.00 08/15/2048 | 4.000% | 08/15/48 | 35 |
| 5 | TX ANNSCD 4.12 02/15/2048 | 4.120% | 02/15/48 | 34 |
| 6 | FL MANUTL 4.00 10/01/2053 | 4.000% | 10/01/53 | 34 |
| 7 | TX WACSCD 3.00 08/15/2052 | 3.000% | 08/15/52 | 32 |
| 8 | PR PRCGEN 4.78 07/01/2058 | 4.784% | 07/01/58 | 32 |
| 9 | TX CYSSCD 4.00 02/15/2043 | 4.000% | 02/15/43 | 32 |
| 10 | AZ MARDEV 4.00 01/01/2048 | 4.000% | 01/01/48 | 32 |
Stay up-to-date with weekly summaries.
