Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 7/19/24
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 7/12/24-7/19/24
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
| 1 | MET PIER & EXPOSITION | 0.000% | 12/15/56 | 5.48% | 21.00 | 19.91 | 3 |
| 2 | PA HSG FIN-119 | 3.200% | 10/01/31 | 4.95% | 97.62 | 93.02 | 4 |
| 3 | DALLAS-FORT WORTH-A | 3.144% | 11/01/45 | 4.81% | 77.67 | 74.10 | 4 |
| 4 | VLG EAST MET DIST #2 | 4.250% | 12/01/54 | 4.48% | 98.85 | 94.61 | 3 |
| 5 | ALLENTOWN -A | 5.250% | 05/01/42 | 3.73% | 102.65 | 98.97 | 3 |
| 6 | OAKLAND-B-1 | 3.000% | 01/15/50 | 3.64% | 80.98 | 78.14 | 9 |
| 7 | GARLAND-B-REV-TXBL | 3.150% | 03/01/51 | 2.93% | 73.88 | 71.78 | 8 |
| 8 | BAY AREA CA TOLL AUTH | 3.126% | 04/01/55 | 2.91% | 70.19 | 68.20 | 8 |
| 9 | VINEYARD REDEV AGY | 4.000% | 05/01/33 | 2.87% | 106.18 | 103.21 | 2 |
| 10 | MASSACHUSETTS ST SCH | 3.395% | 10/15/40 | 2.81% | 84.56 | 82.25 | 8 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 7/12/24-7/19/24
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
| 1 | NC NCSHSG 4.00 07/01/2050 | 4.000% | 07/01/50 | -3.59% | 99.74 | 103.46 | 3 |
| 2 | TX LEWSCD 3.25 08/15/2036 | 3.250% | 08/15/36 | -3.37% | 93.31 | 96.57 | 4 |
| 3 | TX RCN 3.38 02/15/2036 | 3.375% | 02/15/36 | -2.93% | 96.20 | 99.10 | 2 |
| 4 | FL ORAUTL 3.00 10/01/2034 | 3.000% | 10/01/34 | -2.57% | 95.00 | 97.50 | 9 |
| 5 | TX GTGFAC 4.00 03/01/2050 | 4.000% | 03/01/50 | -2.42% | 93.42 | 95.74 | 4 |
| 6 | TX IRV 3.25 08/15/2039 | 3.250% | 08/15/39 | -2.36% | 89.64 | 91.80 | 2 |
| 7 | MA MASTRN 4.00 07/01/2051 | 4.000% | 07/01/51 | -2.36% | 98.44 | 100.82 | 4 |
| 8 | OK OKS 3.50 05/01/2032 | 3.500% | 05/01/32 | -2.35% | 99.21 | 101.60 | 3 |
| 9 | OK OKSSFM 1.55 03/01/2030 | 1.550% | 03/01/30 | -2.25% | 85.79 | 87.76 | 2 |
| 10 | TX SANUTL 4.00 02/01/2047 | 4.000% | 02/01/47 | -2.21% | 95.73 | 97.89 | 3 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 7/12/24-7/19/24
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | UT | -24 bps | 3.38% | 3.61% |
| 2 | AL | -23 bps | 3.74% | 3.97% |
| 3 | VA | -23 bps | 3.41% | 3.63% |
| 4 | NY | -19 bps | 3.70% | 3.89% |
| 5 | MD | -16 bps | 3.55% | 3.71% |
| 6 | ME | -15 bps | 3.63% | 3.77% |
| 7 | LA | -14 bps | 3.56% | 3.70% |
| 8 | KY | -14 bps | 3.53% | 3.67% |
| 9 | HI | -13 bps | 4.00% | 4.14% |
| 10 | NH | -12 bps | 3.51% | 3.64% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 7/12/24-7/19/24
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | SC | 19 bps | 3.87% | 3.67% |
| 2 | MO | 16 bps | 3.92% | 3.75% |
| 3 | IL | 14 bps | 4.20% | 4.06% |
| 4 | DE | 13 bps | 3.41% | 3.28% |
| 5 | OR | 5 bps | 3.94% | 3.88% |
| 6 | TN | 4 bps | 3.61% | 3.57% |
| 7 | TX | 4 bps | 3.83% | 3.79% |
| 8 | FL | 3 bps | 3.70% | 3.67% |
| 9 | AZ | 3 bps | 3.64% | 3.61% |
| 10 | KS | 2 bps | 3.84% | 3.83% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 7/12/24-7/19/24 (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 7/12/24-7/19/24 (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 7/12/24-7/19/24 (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 7/12/24-7/19/24
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 7/12/24 vs. the week ending 7/19/24
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | COMMONWEALTH PA-BABS | 6.218% | 06/01/39 | 27 | 94 | 67 | 248% |
| 2 | TRIBOROUGH BRIDGE | 5.000% | 11/15/31 | 40 | 103 | 63 | 158% |
| 3 | ROBINSON TX ISD-REF | 2.232% | 08/15/39 | 6 | 68 | 62 | 1033% |
| 4 | CALIFORNIA ST | 5.000% | 09/01/33 | 6 | 68 | 62 | 1033% |
| 5 | NY ST THRWY AUTH | 5.000% | 03/15/41 | 8 | 68 | 60 | 750% |
| 6 | HAYWARD USD-A | 4.000% | 08/01/48 | 10 | 68 | 58 | 580% |
| 7 | SANTA CLARA CO FIN-A | 4.000% | 05/01/45 | 6 | 61 | 55 | 917% |
| 8 | PENNSYLVANIA ECON DEV | 4.000% | 08/01/54 | 11 | 65 | 54 | 491% |
| 9 | DENVER CITY & CNTY CO | 5.250% | 11/15/53 | 19 | 72 | 53 | 279% |
| 10 | RENTON SD #403 | 5.000% | 12/01/36 | 14 | 65 | 51 | 364% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 7/12/24 – 7/19/24
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | LOS ANGELES UNIF SD-A | 5.000% | 07/01/34 | 44 |
| 2 | SACRAMENTO USD-B | 4.000% | 08/01/54 | 41 |
| 3 | MASSACHUSETTS ST-B | 5.000% | 05/01/42 | 40 |
| 4 | HARRIS CO-A-REV | 4.000% | 08/15/49 | 39 |
| 5 | MARYLAND ST-A | 5.000% | 06/01/39 | 38 |
| 6 | MASSACHUSETTS ST-B | 5.000% | 05/01/54 | 36 |
| 7 | UNIV OF CALIFORNIA-BV | 5.000% | 05/15/35 | 35 |
| 8 | PA HSG FIN AGY-145A | 4.600% | 10/01/44 | 34 |
| 9 | MASSACHUSETTS ST-B | 5.000% | 05/01/39 | 32 |
| 10 | LOS ANGELES DEPT-C | 5.000% | 07/01/46 | 32 |
Stay up-to-date with weekly summaries.
