Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 1/28/22
Our newsletter presents key trends derived from observable Municipal Bond pricing data over a weekly period.
Top 10 Winners
Showcases the top 10 Muni Bond “Winners” based on price movements between 1/21/22 – 1/28/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | PR PRCFAC 5 07/01/2046 | 5.00% | 07/01/46 | 2.22% | 52.93 | 51.78 |
| 2 | PA PHIUTL 1.73 11/01/2028 | 1.73% | 11/01/28 | 2.06% | 98.34 | 96.36 |
| 3 | PA ERIWTR 3.01 12/01/2047 | 3.01% | 12/01/47 | 1.18% | 98.15 | 97.00 |
| 4 | TX SANUTL 2.9 02/01/2048 | 2.91% | 02/01/48 | 1.16% | 98.17 | 97.04 |
| 5 | TX NRTTRN 6.72 01/01/2049 | 6.72% | 01/01/49 | 1.14% | 164.10 | 162.25 |
| 6 | CO COSMED 4.27 09/01/2039 | 4.27% | 09/01/39 | 1.10% | 105.86 | 104.71 |
| 7 | NY NYCGEN 2.05 08/01/2036 | 2.05% | 08/01/36 | 1.04% | 91.42 | 90.48 |
| 8 | NV CLA 5 12/01/2030 | 5.00% | 12/01/30 | 1.01% | 125.54 | 124.29 |
| 9 | MN NMKGEN 2.6 02/01/2040 | 2.60% | 02/01/40 | 0.98% | 94.05 | 93.14 |
| 10 | NY PORTRN 4.03 09/01/2048 | 4.03% | 09/01/48 | 0.96% | 114.33 | 113.25 |
Top 10 Losers
Showcases the top 10 Muni Bond “Losers” based on price movements between 1/21/22 – 1/28/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | TX LOOSCD 2.38 02/15/2047 | 2.38% | 02/15/47 | -5.13% | 90.70 | 95.61 |
| 2 | PA BUCUTL 2.38 12/01/2046 | 2.38% | 12/01/46 | -5.02% | 93.04 | 97.96 |
| 3 | MI MISFIN 3 03/01/2046 | 3.00% | 03/01/46 | -4.90% | 98.92 | 104.01 |
| 4 | CA STESCD 0 08/01/2048 | 0.00% | 08/01/48 | -4.68% | 43.50 | 45.64 |
| 5 | FL JACUTL 5 10/01/2030 | 5.00% | 10/01/30 | -4.68% | 126.02 | 132.20 |
| 6 | NJ SDRSCD 2 03/01/2035 | 2.00% | 03/01/35 | -4.66% | 93.68 | 98.26 |
| 7 | ID IDSHSG 5 07/15/2031 | 5.00% | 07/15/31 | -4.60% | 126.29 | 132.39 |
| 8 | FL FLSFAC 4 10/01/2035 | 4.00% | 10/01/35 | -4.54% | 113.68 | 119.09 |
| 9 | SC SCSTRN 5 10/01/2029 | 5.00% | 10/01/29 | -4.48% | 123.39 | 129.18 |
| 10 | NJ SORSCD 2 08/15/2036 | 2.00% | 08/15/36 | -4.44% | 92.35 | 96.63 |
Top 10 State Winners
Showcases the top 10 Muni State “Winners” based on yield movements between 1/21/22 – 1/28/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | MI | -28 bps | 2.09% | 2.37% |
| 2 | OR | -22 bps | 1.95% | 2.17% |
| 3 | MO | -6 bps | 1.91% | 1.98% |
| 4 | MA | -6 bps | 2.54% | 2.60% |
| 5 | MD | 2 bps | 1.89% | 1.87% |
| 6 | NY | 3 bps | 2.27% | 2.24% |
| 7 | MN | 5 bps | 2.27% | 2.22% |
| 8 | WA | 5 bps | 2.36% | 2.31% |
| 9 | SC | 5 bps | 2.28% | 2.22% |
| 10 | CO | 6 bps | 2.35% | 2.29% |
Top 10 State Losers
Showcases the top 10 Muni State “Losers” based on yield movements between 1/21/22 – 1/28/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | AL | 54 bps | 2.40% | 1.86% |
| 2 | VA | 28 bps | 2.00% | 1.72% |
| 3 | AZ | 28 bps | 2.29% | 2.02% |
| 4 | OK | 27 bps | 2.00% | 1.73% |
| 5 | HI | 26 bps | 2.32% | 2.06% |
| 6 | NH | 26 bps | 2.17% | 1.92% |
| 7 | MT | 24 bps | 2.01% | 1.77% |
| 8 | FL | 23 bps | 2.11% | 1.88% |
| 9 | UT | 22 bps | 1.75% | 1.53% |
| 10 | NC | 21 bps | 1.84% | 1.63% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 1/21/22 – 1/28/22 (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 1/21/22 – 1/28/22 (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 1/21/22 – 1/28/22 (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 1/21/22 – 1/28/22
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 1/21/22 vs. the week ending 1/28/22
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | GA GAS 5 07/01/2029 | 5.00% | 07/01/29 | 20 | 73 | 53 | 265% |
| 2 | CA ALBSCD 4 08/01/2046 | 4.00% | 08/01/46 | 8 | 56 | 48 | 600% |
| 3 | MD MDS 4 06/01/2027 | 4.00% | 06/01/27 | 28 | 75 | 47 | 168% |
| 4 | GA ATLUTL 5 11/01/2037 | 5.00% | 11/01/37 | 30 | 77 | 47 | 157% |
| 5 | CA BAYTRN 4 04/01/2031 | 4.00% | 04/01/31 | 6 | 53 | 47 | 783% |
| 6 | IL STSGEN 5 01/01/2029 | 5.00% | 01/01/29 | 15 | 58 | 43 | 287% |
| 7 | CA SJS 5 09/01/2041 | 5.00% | 09/01/41 | 5 | 48 | 43 | 860% |
| 8 | GA GAS 4 07/01/2036 | 4.00% | 07/01/36 | 26 | 65 | 39 | 150% |
| 9 | CA CASFIN 3 02/01/2046 | 3.00% | 02/01/46 | 27 | 65 | 38 | 141% |
| 10 | IL ILSGEN 3 08/15/2048 | 3.00% | 08/15/48 | 14 | 50 | 36 | 257% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 1/21/22 – 1/28/22
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | CA CASMED 4 08/15/2048 | 4.00% | 08/15/48 | 26 |
| 2 | NY NYCDEV 4 02/15/2043 | 4.00% | 02/15/43 | 25 |
| 3 | OR ORSHGR 4 07/01/2051 | 4.00% | 07/01/51 | 24 |
| 4 | UT UNIHGR 4 08/01/2051 | 4.00% | 08/01/51 | 24 |
| 5 | CA LOSHGR 4 08/01/2036 | 4.00% | 08/01/36 | 23 |
| 6 | CT CTS 4 01/15/2038 | 4.00% | 01/15/38 | 23 |
| 7 | NY NYCDEV 2.75 02/15/2044 | 2.75% | 02/15/44 | 23 |
| 8 | #REF! | 4.00% | 11/01/35 | 21 |
| 9 | CA CAS 4 11/01/2035 | 5.00% | 11/01/40 | 21 |
| 10 | CA CASFIN 3 02/01/2046 | 3.00% | 02/01/46 | 21 |
Stay up-to-date with weekly summaries.
