Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 2/21/25
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 2/14/25-2/21/25
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
| 1 | CA INFRA & ECON DEV-B | 4.000% | 11/01/55 | 6.23% | 95.73 | 90.12 | 6 |
| 2 | CHARLOTTE NC WTR & SW | 3.250% | 07/01/39 | 6.09% | 94.24 | 88.82 | 3 |
| 3 | ALAMEDA CA CORRIDOR-B | 0.000% | 10/01/40 | 5.32% | 42.12 | 39.99 | 7 |
| 4 | CALIFORNIA ST | 3.000% | 11/01/50 | 4.35% | 80.57 | 77.21 | 16 |
| 5 | SAN LUIS ETC WTR-B | 3.040% | 03/01/42 | 3.75% | 77.43 | 74.63 | 6 |
| 6 | NASHVILLE ETC CO MET | 4.000% | 10/01/54 | 3.60% | 97.62 | 94.23 | 8 |
| 7 | ID HLTH FACS AUTH-AGC | 4.000% | 03/01/46 | 3.17% | 97.00 | 94.02 | 12 |
| 8 | DETROIT MICH RETIREMENT SYS | 4.813% | 06/15/20 | 3.09% | 98.20 | 95.25 | 2 |
| 9 | OLENTANGY OH LSD | 2.000% | 12/01/42 | 3.02% | 68.99 | 66.97 | 5 |
| 10 | MASSACHUSETTS ST SCH | 3.395% | 10/15/40 | 2.85% | 84.10 | 81.77 | 10 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 2/14/25-2/21/25
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
| 1 | VT VTSEDU 4.00 11/01/2050 | 4.000% | 11/01/50 | -3.66% | 94.66 | 98.25 | 9 |
| 2 | PA SCAGEN 4.00 06/01/2049 | 4.000% | 06/01/49 | -3.29% | 93.03 | 96.20 | 10 |
| 3 | MI MISFIN 4.00 11/15/2050 | 4.000% | 11/15/50 | -3.08% | 92.42 | 95.35 | 8 |
| 4 | CA PMRMED 5.00 11/01/2042 | 5.000% | 11/01/42 | -2.80% | 81.41 | 83.75 | 3 |
| 5 | WV BERWTR 4.13 12/01/2044 | 4.125% | 12/01/44 | -2.66% | 98.97 | 101.67 | 7 |
| 6 | FL FORUTL 3.50 09/01/2048 | 3.500% | 09/01/48 | -2.56% | 87.18 | 89.47 | 3 |
| 7 | TX LUMUTL 3.00 08/15/2052 | 3.000% | 08/15/52 | -2.53% | 75.83 | 77.80 | 4 |
| 8 | KY LOUMED 3.00 10/01/2037 | 3.000% | 10/01/37 | -2.52% | 86.23 | 88.46 | 3 |
| 9 | TX CYRWTR 4.13 08/15/2044 | 4.125% | 08/15/44 | -2.52% | 95.92 | 98.40 | 2 |
| 10 | AL CLIUTL 3.40 01/01/2038 | 3.400% | 01/01/38 | -2.47% | 89.93 | 92.21 | 4 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 2/14/25-2/21/25
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | ME | -28 bps | 3.76% | 4.04% |
| 2 | UT | -14 bps | 3.46% | 3.61% |
| 3 | AK | -12 bps | 3.63% | 3.75% |
| 4 | NE | -12 bps | 3.79% | 3.90% |
| 5 | NC | -9 bps | 3.47% | 3.55% |
| 6 | NH | -9 bps | 3.63% | 3.71% |
| 7 | OH | -9 bps | 3.78% | 3.86% |
| 8 | MD | -8 bps | 3.65% | 3.73% |
| 9 | KS | -7 bps | 3.79% | 3.85% |
| 10 | WI | -7 bps | 3.82% | 3.89% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 2/14/25-2/21/25
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | HI | 20 bps | 4.15% | 3.94% |
| 2 | AL | 13 bps | 4.09% | 3.95% |
| 3 | VT | 9 bps | 3.51% | 3.42% |
| 4 | KY | 7 bps | 3.92% | 3.85% |
| 5 | OK | 6 bps | 3.71% | 3.66% |
| 6 | CO | 4 bps | 3.77% | 3.73% |
| 7 | AR | 4 bps | 4.24% | 4.20% |
| 8 | MN | 2 bps | 3.61% | 3.59% |
| 9 | NY | 2 bps | 3.78% | 3.76% |
| 10 | PA | 2 bps | 3.95% | 3.93% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 2/14/25-2/21/25 (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 2/14/25-2/21/25 (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 2/14/25-2/21/25 (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 2/14/25-2/21/25
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 2/14/25 vs. the week ending 2/21/25
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | WASHINGTON ST-C | 5.000% | 02/01/46 | 32 | 121 | 89 | 278% |
| 2 | LOS ANGELES ARPT-B | 5.000% | 05/15/35 | 7 | 76 | 69 | 986% |
| 3 | NY TRANS FIN AUTH-B | 5.000% | 05/01/43 | 5 | 74 | 69 | 1380% |
| 4 | TX WTR DEV BRD-REV | 5.000% | 08/01/31 | 15 | 79 | 64 | 427% |
| 5 | MICHIGAN ST -REV | 5.000% | 11/15/41 | 41 | 101 | 60 | 146% |
| 6 | NEW YORK ST PWR AUTH | 4.000% | 11/15/45 | 42 | 98 | 56 | 133% |
| 7 | PONTIAC CITY | 4.000% | 05/01/50 | 32 | 87 | 55 | 172% |
| 8 | WASHINGTON ST-C | 5.000% | 02/01/40 | 24 | 79 | 55 | 229% |
| 9 | CALIFORNIA ST | 3.000% | 11/01/50 | 16 | 70 | 54 | 338% |
| 10 | MASSACHUSETTS ST-A | 5.000% | 03/01/38 | 49 | 101 | 52 | 106% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 2/14/25 – 2/21/25
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | NEW YORK CITY TRANSITIONAL FIN | 5.000% | 11/01/53 | 52 |
| 2 | SEGUIN-CTFS OF OBLIG | 5.500% | 09/01/59 | 51 |
| 3 | TRIBOROUGH BRIDGE-A | 5.000% | 12/01/50 | 48 |
| 4 | JEA WTR & SWR REV-A | 5.250% | 10/01/55 | 48 |
| 5 | NYC MUNI WTR FIN-AA1 | 5.250% | 06/15/53 | 44 |
| 6 | CT ST HLTH & EDU-U-RE | 5.000% | 07/01/33 | 42 |
| 7 | NYC TRANSITIONAL-C-1 | 5.000% | 05/01/50 | 41 |
| 8 | TRIBOROUGH BRIDGE-A | 5.250% | 12/01/54 | 41 |
| 9 | TRIBOROUGH BRIDGE-A | 5.250% | 12/01/48 | 40 |
| 10 | CA HLTH FACS FING -A | 4.000% | 08/15/48 | 40 |
Stay up-to-date with weekly summaries.
Stay up-to-date on the latest from SOLVE
