Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 6/30/23
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 6/23/23-6/30/23
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
| 1 | CA CASMED 4.00 03/01/2043 | 4.000% | 03/01/43 | 4.59% | 95.77 | 91.57 | 5 |
| 2 | OH CUY 3.00 12/01/2036 | 3.000% | 12/01/36 | 4.42% | 93.00 | 89.06 | 7 |
| 3 | TX WLISCD 2.00 02/15/2040 | 2.000% | 02/15/40 | 4.31% | 73.78 | 70.73 | 10 |
| 4 | TX FSCSCD 3.00 08/15/2034 | 3.000% | 08/15/34 | 4.05% | 97.81 | 94.01 | 9 |
| 5 | OH BUCGEN 4.00 06/01/2048 | 4.000% | 06/01/48 | 3.49% | 93.09 | 89.95 | 3 |
| 6 | NY NYCGEN 3.00 02/01/2037 | 3.000% | 02/01/37 | 3.46% | 91.85 | 88.78 | 2 |
| 7 | WA WASMED 4.00 07/01/2036 | 4.000% | 07/01/36 | 3.39% | 98.28 | 95.06 | 5 |
| 8 | UT CANSCD 3.10 06/15/2037 | 3.100% | 06/15/37 | 3.29% | 93.78 | 90.79 | 10 |
| 9 | PA HARSCD 2.00 09/15/2032 | 2.000% | 09/15/32 | 3.26% | 86.38 | 83.65 | 2 |
| 10 | NJ NEWTRN 2.75 09/01/2036 | 2.750% | 09/01/36 | 3.05% | 89.35 | 86.70 | 2 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 6/23/23-6/30/23
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W | DEALERS |
| 1 | WI MAUSCD 1.50 03/01/2033 | 1.500% | 03/01/33 | -4.58% | 78.29 | 82.05 | 4 |
| 2 | MI DET 4.00 04/01/2044 | 4.000% | 04/01/44 | -4.18% | 73.69 | 76.91 | 4 |
| 3 | MA AME 2.00 06/01/2035 | 2.000% | 06/01/35 | -4.17% | 80.82 | 84.33 | 2 |
| 4 | MI UNVHGR 2.44 04/01/2040 | 2.437% | 04/01/40 | -3.49% | 73.58 | 76.24 | 3 |
| 5 | CT BRO 2.00 08/15/2035 | 2.000% | 08/15/35 | -3.24% | 82.55 | 85.32 | 2 |
| 6 | CA CDAHSG 3.40 10/01/2046 | 3.400% | 10/01/46 | -3.06% | 74.29 | 76.63 | 3 |
| 7 | NY DUTDEV 3.00 07/01/2034 | 3.000% | 07/01/34 | -2.99% | 85.14 | 87.77 | 2 |
| 8 | CA NOVSCD 3.00 08/01/2038 | 3.000% | 08/01/38 | -2.96% | 89.62 | 92.35 | 2 |
| 9 | CA CASDEV 4.00 09/02/2041 | 4.000% | 09/02/41 | -2.90% | 91.58 | 94.31 | 2 |
| 10 | UT WEBSCD 2.25 06/15/2034 | 2.250% | 06/15/34 | -2.69% | 86.52 | 88.91 | 7 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 6/23/23-6/30/23
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | RI | -20 bps | 3.14% | 3.34% |
| 2 | VA | -14 bps | 3.64% | 3.78% |
| 3 | NC | -14 bps | 3.20% | 3.34% |
| 4 | MA | -12 bps | 3.47% | 3.58% |
| 5 | SD | -10 bps | 3.64% | 3.74% |
| 6 | NE | -7 bps | 3.54% | 3.61% |
| 7 | WA | -6 bps | 3.66% | 3.72% |
| 8 | DE | -5 bps | 3.09% | 3.14% |
| 9 | MO | -5 bps | 3.43% | 3.47% |
| 10 | MS | -2 bps | 4.16% | 4.18% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 6/23/23-6/30/23
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | SC | 36 bps | 3.85% | 3.50% |
| 2 | NV | 33 bps | 3.56% | 3.23% |
| 3 | HI | 28 bps | 4.23% | 3.95% |
| 4 | AK | 18 bps | 3.25% | 3.08% |
| 5 | GA | 17 bps | 3.32% | 3.15% |
| 6 | OR | 16 bps | 3.72% | 3.57% |
| 7 | KS | 11 bps | 3.65% | 3.53% |
| 8 | NY | 11 bps | 3.57% | 3.46% |
| 9 | IL | 11 bps | 3.79% | 3.68% |
| 10 | UT | 11 bps | 3.62% | 3.52% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 6/23/23-6/30/23 (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 6/23/23-6/30/23 (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 6/23/23-6/30/23 (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 6/23/23-6/30/23
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 6/23/23 vs. the week ending 6/30/23
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | FL TALMED 5.00 12/01/2040 | 5.000% | 12/01/40 | 15 | 73 | 58 | 387% |
| 2 | IL ILSGEN 5.00 10/01/2048 | 5.000% | 10/01/48 | 15 | 68 | 53 | 353% |
| 3 | IN INSFIN 4.00 11/01/2043 | 4.000% | 11/01/43 | 7 | 57 | 50 | 714% |
| 4 | NC NCS 2.00 06/01/2033 | 2.000% | 06/01/33 | 6 | 55 | 49 | 817% |
| 5 | MO SPRSCD 1.75 03/01/2031 | 1.750% | 03/01/31 | 15 | 59 | 44 | 293% |
| 6 | WI KOHSCD 2.00 03/01/2035 | 2.000% | 03/01/35 | 15 | 59 | 44 | 293% |
| 7 | WI KOHSCD 2.00 03/01/2036 | 2.000% | 03/01/36 | 15 | 59 | 44 | 293% |
| 8 | CA LOSTRN 5.00 06/01/2036 | 5.000% | 06/01/36 | 16 | 60 | 44 | 275% |
| 9 | WI KOHSCD 2.00 03/01/2037 | 2.000% | 03/01/37 | 15 | 59 | 44 | 293% |
| 10 | WI KOHSCD 2.00 03/01/2038 | 2.000% | 03/01/38 | 15 | 59 | 44 | 293% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 6/23/23 – 6/30/23
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | AZ SALAGR 5.00 01/01/2047 | 5.000% | 01/01/47 | 39 |
| 2 | DC DIS 4.00 02/01/2046 | 4.000% | 02/01/46 | 38 |
| 3 | PR PRCGEN 5.00 07/01/2058 | 5.000% | 07/01/58 | 37 |
| 4 | WV WVSMED 4.38 06/01/2053 | 4.380% | 06/01/53 | 36 |
| 5 | TX FORSCD 4.00 08/15/2048 | 4.000% | 08/15/48 | 35 |
| 6 | TX ANNSCD 4.12 02/15/2048 | 4.120% | 02/15/48 | 34 |
| 7 | TN MNVAPT 5.00 07/01/2049 | 5.000% | 07/01/49 | 34 |
| 8 | OK OKSWTR 4.00 04/01/2048 | 4.000% | 04/01/48 | 32 |
| 9 | PA PASSFH 5.46 04/01/2037 | 5.460% | 04/01/37 | 32 |
| 10 | PA PHIDEV 5.59 09/01/2041 | 5.590% | 09/01/41 | 30 |
Stay up-to-date with weekly summaries.
