Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 3/8/24
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 3/1/24-3/8/24
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
| 1 | NEW HOPE EDU FACS-A-1 | 5.500% | 01/01/57 | 6.67% | 80.13 | 75.12 | 3 |
| 2 | UNIV OF CINCINNATI OH | 3.000% | 06/01/50 | 6.19% | 69.93 | 65.85 | 6 |
| 3 | MICHIGAN ST FIN AUTH | 3.384% | 12/01/40 | 5.98% | 82.74 | 78.07 | 6 |
| 4 | UNIV OF MICHIGAN-B | 3.504% | 04/01/52 | 5.51% | 81.09 | 76.85 | 2 |
| 5 | POCONO MOUNTAINS INDL | 5.050% | 08/15/49 | 5.48% | 90.91 | 86.19 | 4 |
| 6 | SALES TAX-B-REF-TXBL | 3.238% | 01/01/42 | 4.97% | 82.85 | 78.93 | 6 |
| 7 | CALIFORNIA ST UNIV-B | 2.719% | 11/01/52 | 4.91% | 69.31 | 66.07 | 10 |
| 8 | UNIV OF CALIFORNIA-BJ | 3.071% | 05/15/51 | 4.83% | 73.15 | 69.78 | 4 |
| 9 | OH UNIV ATHENS-TXBL | 5.590% | 12/01/14 | 4.51% | 97.14 | 92.95 | 4 |
| 10 | COLORADO ST HLTH FACS | 4.480% | 12/01/40 | 4.35% | 85.30 | 81.75 | 2 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 3/1/24-3/8/24
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
| 1 | CT UNVHGR 5.00 01/15/2035 | 5.000% | 01/15/35 | -3.44% | 102.04 | 105.68 | 2 |
| 2 | MN HEN 5.00 12/01/2029 | 5.000% | 12/01/29 | -3.29% | 102.95 | 106.45 | 2 |
| 3 | PA CHEDEV 4.75 12/15/2037 | 4.750% | 12/15/37 | -2.94% | 97.33 | 100.27 | 2 |
| 4 | AL SAR 5.00 10/01/2053 | 5.000% | 10/01/53 | -2.48% | 107.29 | 110.02 | 3 |
| 5 | TX ECXSCD 4.00 08/15/2032 | 4.000% | 08/15/32 | -2.33% | 100.87 | 103.27 | 2 |
| 6 | IL ILSGEN 3.00 07/15/2040 | 3.000% | 07/15/40 | -2.05% | 86.12 | 87.92 | 5 |
| 7 | NY PORTRN 4.00 07/15/2045 | 4.000% | 07/15/45 | -1.86% | 96.96 | 98.79 | 3 |
| 8 | MD HWRHSG 4.00 06/01/2046 | 4.000% | 06/01/46 | -1.73% | 93.74 | 95.39 | 3 |
| 9 | CA BURPWR 5.00 06/01/2053 | 5.000% | 06/01/53 | -1.71% | 108.88 | 110.78 | 2 |
| 10 | TX GFRSCD 5.00 02/15/2031 | 5.000% | 02/15/31 | -1.70% | 114.97 | 116.95 | 2 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 3/1/24-3/8/24
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | AK | -35 bps | 3.45% | 3.80% |
| 2 | ID | -26 bps | 3.14% | 3.40% |
| 3 | WA | -22 bps | 5.83% | 6.05% |
| 4 | CT | -16 bps | 3.51% | 3.68% |
| 5 | NV | -16 bps | 3.26% | 3.42% |
| 6 | HI | -15 bps | 4.00% | 4.16% |
| 7 | GA | -15 bps | 3.23% | 3.38% |
| 8 | CA | -15 bps | 3.39% | 3.53% |
| 9 | MO | -12 bps | 3.21% | 3.32% |
| 10 | NH | -11 bps | 3.18% | 3.29% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 3/1/24-3/8/24
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | SC | 34 bps | 3.25% | 2.91% |
| 2 | TN | 17 bps | 3.37% | 3.19% |
| 3 | LA | 15 bps | 3.29% | 3.14% |
| 4 | VA | 12 bps | 3.26% | 3.14% |
| 5 | MD | 12 bps | 3.39% | 3.27% |
| 6 | NM | 11 bps | 3.62% | 3.51% |
| 7 | MN | 10 bps | 3.38% | 3.28% |
| 8 | FL | 9 bps | 3.58% | 3.49% |
| 9 | OR | 7 bps | 3.81% | 3.74% |
| 10 | IL | 4 bps | 3.79% | 3.75% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 3/1/24-3/8/24 (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 3/1/24-3/8/24 (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 3/1/24-3/8/24 (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 3/1/24-3/8/24
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 3/1/24 vs. the week ending 3/8/24
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | CA HLTH FACS AUTH-A | 5.000% | 08/15/33 | 41 | 124 | 83 | 202% |
| 2 | KING CNTY SWR-REF-A | 4.000% | 07/01/39 | 6 | 84 | 78 | 1300% |
| 3 | TRIBOROUGH BRIDGE | 5.000% | 11/15/35 | 18 | 80 | 62 | 344% |
| 4 | AUBURN UNIV-A-REF | 4.000% | 06/01/38 | 38 | 99 | 61 | 161% |
| 5 | OK TURNPIKE AUTH-C | 5.000% | 01/01/47 | 14 | 74 | 60 | 429% |
| 6 | UNIV OF IL -TXBL -B | 3.800% | 04/01/40 | 11 | 70 | 59 | 536% |
| 7 | SAN FRANCISCO CA CITY | 5.000% | 11/01/41 | 5 | 63 | 58 | 1160% |
| 8 | LOS ANGELES-A-REF | 5.000% | 10/01/30 | 9 | 61 | 52 | 578% |
| 9 | PUBLIC FIN AUTH WI RE | 4.000% | 03/31/56 | 5 | 55 | 50 | 1000% |
| 10 | DASNY-B-TXBL-REF-REV | 1.736% | 07/01/27 | 35 | 85 | 50 | 143% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 3/1/24 – 3/8/24
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | PRIV CLGS & UNIV AUTH | 5.000% | 09/01/33 | 44 |
| 2 | OK WTR RES BRD-A | 4.125% | 10/01/53 | 44 |
| 3 | HOWARD CO HSG COMM | 4.125% | 12/01/43 | 38 |
| 4 | PENN TNPK COMM-C-REF | 4.000% | 12/01/51 | 37 |
| 5 | CARRIZO SPRINGS ISD | 5.000% | 08/15/49 | 36 |
| 6 | GARLAND ISD-A | 5.000% | 02/15/48 | 36 |
| 7 | NYC TRANSIT FIN-F-1 | 4.250% | 02/01/54 | 35 |
| 8 | WYLIE ISD | 4.250% | 02/15/54 | 35 |
| 9 | WASHINGTON ST -C | 5.000% | 02/01/48 | 34 |
| 10 | NYC TRANSIT FIN-F-1 | 5.000% | 02/01/47 | 33 |
Stay up-to-date with weekly summaries.
