Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 5/2/25
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 4/25/25-5/2/25
RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
1 | MET TRANSPRTN AUTH NY | 4.000% | 11/15/45 | 7.41% | 94.63 | 88.10 | 9 |
2 | COLORADO HOUSING AND FINANCE A | 6.250% | 11/01/55 | 7.01% | 108.65 | 101.53 | 16 |
3 | DOUGLAS CO SD #66 | 3.500% | 12/01/35 | 6.29% | 96.64 | 90.92 | 2 |
4 | VA HSG DEV AUTH-H | 2.806% | 09/01/40 | 5.53% | 77.33 | 73.28 | 7 |
5 | KNOB NOSTER R-VIII SD | 4.250% | 04/01/50 | 5.31% | 93.52 | 88.81 | 24 |
6 | LONG BEACH UNIF SD | 4.000% | 08/01/50 | 5.04% | 93.72 | 89.23 | 10 |
7 | TRIBOROUGH BRIDGE-A-1 | 4.000% | 11/15/54 | 4.63% | 93.17 | 89.05 | 9 |
8 | TEXAS ST WTR DEV BRD | 4.000% | 10/15/45 | 4.61% | 92.83 | 88.74 | 27 |
9 | GARLAND -CTFS OBLIG | 4.000% | 02/15/42 | 4.48% | 96.44 | 92.30 | 17 |
10 | HASTINGS CAMPUS HSG-A | 5.000% | 07/01/61 | 4.48% | 92.62 | 88.65 | 8 |
Bottom 10 Performers
Showcases the bottom 10 Muni Bond performers based on price movements between 4/25/25-5/2/25
RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
1 | DC DISREV 3.43 04/01/2042 | 3.432% | 04/01/42 | -5.56% | 71.87 | 76.11 | 4 |
2 | MS WASMED 4.25 02/01/2036 | 4.250% | 02/01/36 | -5.47% | 84.13 | 89.00 | 3 |
3 | MS NATSCD 2.38 02/01/2037 | 2.375% | 02/01/37 | -4.12% | 69.03 | 72.00 | 4 |
4 | MD MDSDEV 4.13 07/01/2053 | 4.125% | 07/01/53 | -3.89% | 87.33 | 90.87 | 4 |
5 | IL STSGEN 3.59 01/01/2043 | 3.587% | 01/01/43 | -3.59% | 79.28 | 82.24 | 7 |
6 | MA NWD 4.00 09/15/2047 | 4.000% | 09/15/47 | -3.52% | 94.54 | 97.99 | 14 |
7 | CA CASGEN 5.25 07/01/2049 | 5.250% | 07/01/49 | -3.30% | 97.66 | 101.00 | 4 |
8 | NY NYSHGR 4.00 07/01/2048 | 4.000% | 07/01/48 | -2.97% | 86.19 | 88.82 | 2 |
9 | CA UNVHGR 4.00 05/15/2046 | 4.000% | 05/15/46 | -2.89% | 95.17 | 98.01 | 3 |
10 | TX AMAGEN 2.00 11/15/2041 | 2.000% | 11/15/41 | -2.87% | 67.65 | 69.65 | 2 |
Top 10 State Performers
Showcases the top 10 Muni State performers based on yield movements between 4/25/25-5/2/25
RANK | STATE | CHANGE | YLD | YLD-1W |
1 | KS | -25 bps | 3.98% | 4.23% |
2 | SD | -23 bps | 3.78% | 4.01% |
3 | MN | -21 bps | 3.87% | 4.08% |
4 | FL | -21 bps | 3.76% | 3.97% |
5 | OK | -21 bps | 3.72% | 3.93% |
6 | AL | -20 bps | 3.97% | 4.17% |
7 | NH | -18 bps | 3.79% | 3.96% |
8 | MA | -18 bps | 3.94% | 4.12% |
9 | ND | -17 bps | 3.84% | 4.01% |
10 | OH | -17 bps | 3.88% | 4.05% |
Bottom 10 State Performers
Showcases the bottom 10 Muni State performers based on yield movements between 4/25/25-5/2/25
RANK | STATE | CHANGE | YLD | YLD-1W |
1 | NM | 12 bps | 3.79% | 3.67% |
2 | MT | 8 bps | 3.99% | 3.91% |
3 | WV | -1 bps | 3.89% | 3.90% |
4 | MS | -3 bps | 4.15% | 4.18% |
5 | MD | -5 bps | 3.66% | 3.70% |
6 | DE | -5 bps | 3.67% | 3.72% |
7 | LA | -5 bps | 3.84% | 3.89% |
8 | UT | -5 bps | 3.88% | 3.93% |
9 | MI | -5 bps | 4.05% | 4.10% |
10 | CA | -6 bps | 3.92% | 3.99% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 4/25/25-5/2/25 (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 4/25/25-5/2/25 (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 4/25/25-5/2/25 (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 4/25/25-5/2/25

Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 4/25/25 vs. the week ending 5/2/25
RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
1 | MIAMI-DADE W/S-B | 4.000% | 10/01/37 | 8 | 109 | 101 | 1263% |
2 | HONOLULU CITY & CO | 4.000% | 07/01/38 | 5 | 106 | 101 | 2020% |
3 | NYC TRANS FIN AUTH-C1 | 4.000% | 11/01/38 | 15 | 113 | 98 | 653% |
4 | MUNI ELEC AUTH OF GA | 4.000% | 01/01/59 | 10 | 107 | 97 | 970% |
5 | LANCASTER CO HOSP AUT | 5.000% | 11/01/51 | 116 | 207 | 91 | 78% |
6 | JACKSONVILLE FL-A-REF | 5.250% | 10/01/48 | 42 | 133 | 91 | 217% |
7 | GERALD R FORD INTL | 5.000% | 01/01/51 | 26 | 114 | 88 | 338% |
8 | FOOTHILL E-B1-AGM | 3.950% | 01/15/53 | 9 | 94 | 85 | 944% |
9 | NYC TRANSITIONAL FIN | 5.250% | 02/01/40 | 31 | 115 | 84 | 271% |
10 | FULTON CN WTR & SWR | 4.000% | 01/01/34 | 78 | 161 | 83 | 106% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 4/25/25 – 5/2/25
RANK | TRANCHE | COUPON | MATURITY | DEALERS |
1 | MA DEV FIN AGY-B | 5.000% | 02/15/34 | 50 |
2 | ROCHESTER-SER A | 4.375% | 11/15/53 | 48 |
3 | CALIFORNIA ST | 4.125% | 03/01/49 | 48 |
4 | LOS ANGELES CALIF UNI SCH DIST | 5.000% | 07/01/49 | 46 |
5 | NYC TRANSITIONAL-F-1 | 5.000% | 11/01/38 | 45 |
6 | LANCASTER CO HOSP AUT | 5.000% | 11/01/51 | 45 |
7 | NYC TRANSITIONAL-H-1 | 5.000% | 11/01/40 | 44 |
8 | HARRIS CO-CTFS OBLIG | 4.000% | 09/15/49 | 44 |
9 | NEW YORK CITY TRANSITIONAL FIN | 5.000% | 11/01/53 | 44 |
10 | CALIFORNIA ST-REF | 4.125% | 03/01/45 | 43 |
Stay up-to-date with weekly summaries.