Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 6/24/22
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 6/17/22 – 6/24/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | MI MISFAC 3.00 10/15/2051 | 3.00% | 10/15/51 | 6.91% | 79.77 | 74.61 |
| 2 | NY NYSHGR 3.00 03/15/2042 | 3.00% | 03/15/42 | 6.51% | 81.66 | 76.67 |
| 3 | NY MTATRN 4.00 11/15/2049 | 4.00% | 11/15/49 | 6.47% | 90.72 | 85.20 |
| 4 | HI HIS 2.22 08/01/2037 | 2.22% | 08/01/37 | 5.86% | 77.38 | 73.09 |
| 5 | NY NYSTRN 4.00 01/01/2046 | 4.00% | 01/01/46 | 5.84% | 96.72 | 91.39 |
| 6 | OR BVRGEN 4.00 06/01/2040 | 4.00% | 06/01/40 | 5.62% | 104.45 | 98.89 |
| 7 | AR LITSCD 2.00 02/01/2038 | 2.00% | 02/01/38 | 5.49% | 73.72 | 69.88 |
| 8 | WA WAS 5.14 08/01/2040 | 5.14% | 08/01/40 | 5.35% | 112.61 | 106.90 |
| 9 | OH HAMMED 4.00 08/15/2050 | 4.00% | 08/15/50 | 5.31% | 98.69 | 93.72 |
| 10 | CA TMVSCD 3.00 08/01/2044 | 3.00% | 08/01/44 | 5.25% | 84.10 | 79.90 |
Top 10 Losers
Showcases the top 10 Muni Bond “Losers” based on price movements between 6/17/22 – 6/24/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | NY NYCDEV 4.00 02/15/2043 | 4.00% | 02/15/43 | -5.88% | 94.96 | 100.89 |
| 2 | VA HMRUTL 3.00 08/01/2036 | 3.00% | 08/01/36 | -5.53% | 89.04 | 94.25 |
| 3 | CA BAYTRN 4.00 04/01/2042 | 4.00% | 04/01/42 | -5.33% | 96.03 | 101.44 |
| 4 | CT CTSHGR 3.00 07/01/2041 | 3.00% | 07/01/41 | -5.01% | 80.67 | 84.93 |
| 5 | TX RCNSCD 4.00 02/15/2046 | 4.00% | 02/15/46 | -4.89% | 96.26 | 101.21 |
| 6 | TX LBHSCD 4.00 02/01/2046 | 4.00% | 02/01/46 | -4.80% | 97.24 | 102.14 |
| 7 | KS KSSDEV 3.38 03/01/2040 | 3.38% | 03/01/40 | -4.59% | 91.57 | 95.98 |
| 8 | NY NYCUTL 4.00 06/15/2046 | 4.00% | 06/15/46 | -4.44% | 95.65 | 100.09 |
| 9 | IL ILS 4.25 12/01/2040 | 4.25% | 12/01/40 | -4.34% | 95.30 | 99.62 |
| 10 | FL HILMED 4.00 08/01/2055 | 4.00% | 08/01/55 | -4.27% | 86.81 | 90.69 |
Top 10 State Winners
Showcases the top 10 Muni State “Winners” based on yield movements between 6/17/22 – 6/24/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | CT | -39 bps | 3.56% | 3.94% |
| 2 | GA | -28 bps | 3.27% | 3.55% |
| 3 | MI | -27 bps | 3.34% | 3.62% |
| 4 | PA | -26 bps | 3.61% | 3.86% |
| 5 | MO | -25 bps | 3.51% | 3.75% |
| 6 | AL | -23 bps | 3.57% | 3.80% |
| 7 | DC | -20 bps | 3.63% | 3.84% |
| 8 | ME | -20 bps | 3.18% | 3.38% |
| 9 | WA | -20 bps | 3.51% | 3.70% |
| 10 | MD | -19 bps | 3.14% | 3.33% |
Top 10 State Losers
Showcases the top 10 Muni State “Losers” based on yield movements between 6/17/22 – 6/24/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | NJ | 151 bps | 11.05% | 9.54% |
| 2 | IL | 26 bps | 4.09% | 3.83% |
| 3 | OR | 12 bps | 3.56% | 3.44% |
| 4 | MA | 0 bps | 3.64% | 3.64% |
| 5 | KS | -1 bps | 3.43% | 3.44% |
| 6 | IA | -3 bps | 3.34% | 3.37% |
| 7 | MN | -4 bps | 3.38% | 3.41% |
| 8 | SC | -4 bps | 3.46% | 3.51% |
| 9 | NC | -6 bps | 3.14% | 3.20% |
| 10 | LA | -6 bps | 3.72% | 3.77% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 6/17/22 – 6/24/22 (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 6/17/22 – 6/24/22 (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 6/17/22 – 6/24/22 (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 6/17/22 – 6/24/22
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 6/17/22 vs. the week ending 6/24/22
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | NY NYSHGR 4.00 07/01/2050 | 4.00% | 07/01/50 | 60 | 126 | 66 | 110% |
| 2 | OR ORSHGR 4.00 07/01/2051 | 4.00% | 07/01/51 | 28 | 92 | 64 | 229% |
| 3 | CA CASGEN 4.00 06/01/2046 | 4.00% | 06/01/46 | 37 | 100 | 63 | 170% |
| 4 | NY PORTRN 5.00 11/01/2049 | 5.00% | 11/01/49 | 17 | 70 | 53 | 312% |
| 5 | NY NYSTRN 4.00 03/15/2047 | 4.00% | 03/15/47 | 39 | 90 | 51 | 131% |
| 6 | IL CHITRN 4.00 01/01/2053 | 4.00% | 01/01/53 | 13 | 59 | 46 | 354% |
| 7 | TX UNIHGR 4.00 08/15/2044 | 4.00% | 08/15/44 | 39 | 81 | 42 | 108% |
| 8 | VA ARLMED 4.00 07/01/2045 | 4.00% | 07/01/45 | 10 | 52 | 42 | 420% |
| 9 | CA FOLDSCD 4.00 10/01/2043 | 4.00% | 10/01/43 | 5 | 45 | 40 | 800% |
| 10 | NY NYC 4.00 08/01/2040 | 4.00% | 08/01/40 | 31 | 70 | 39 | 126% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 6/17/22 – 6/24/22
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | PR PRCGEN 5.00 07/01/2058 | 5.00% | 07/01/58 | 32 |
| 2 | CA UNVHGR 4.00 05/15/2053 | 4.00% | 05/15/53 | 31 |
| 3 | WA ENEPWR 5.00 07/01/2036 | 5.00% | 07/01/36 | 31 |
| 4 | NJ NJSMED 4.00 07/01/2051 | 4.00% | 07/01/51 | 31 |
| 5 | NY NYSHGR 4.00 02/15/2047 | 4.00% | 02/15/47 | 29 |
| 6 | FL SOUMED 4.00 05/01/2044 | 4.00% | 05/01/44 | 28 |
| 7 | MA MASDEV 5.00 11/15/2032 | 5.00% | 11/15/32 | 28 |
| 8 | OR SALMED 4.00 05/15/2041 | 4.00% | 05/15/41 | 27 |
| 9 | NY NYSPWR 4.00 11/15/2050 | 4.00% | 11/15/50 | 27 |
| 10 | NY NYSHGR 5.00 03/15/2041 | 5.00% | 03/15/41 | 27 |
Stay up-to-date with weekly summaries.
