Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 6/3/22
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 5/27/22 – 6/3/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | NY NYC 3.00 10/01/2044 | 3.00% | 10/01/44 | 9.06% | 91.13 | 83.56 |
| 2 | NC FAY 3.13 06/01/2040 | 3.13% | 06/01/40 | 8.66% | 97.09 | 89.36 |
| 3 | NY TRBTRN 4.00 05/15/2051 | 4.00% | 05/15/51 | 7.92% | 107.39 | 99.51 |
| 4 | CA CASGEN 4.00 03/01/2048 | 4.00% | 03/01/48 | 7.80% | 99.90 | 92.67 |
| 5 | MI MISFIN 4.00 11/15/2050 | 4.00% | 11/15/50 | 7.65% | 97.99 | 91.02 |
| 6 | AZ MARDEV 3.00 01/01/2049 | 3.00% | 01/01/49 | 7.40% | 84.53 | 78.70 |
| 7 | TX CLBDEV 4.50 02/15/2047 | 4.50% | 02/15/47 | 7.36% | 106.41 | 99.11 |
| 8 | CA CAS 4.00 10/01/2041 | 4.00% | 10/01/41 | 7.32% | 106.72 | 99.45 |
| 9 | VT VTSBBK 3.75 12/01/2047 | 3.75% | 12/01/47 | 7.31% | 99.00 | 92.26 |
| 10 | TX HARUTL 3.00 03/01/2039 | 3.00% | 03/01/39 | 7.14% | 92.60 | 86.43 |
Top 10 Losers
Showcases the top 10 Muni Bond “Losers” based on price movements between 5/27/22 – 6/3/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | AZ TUCCTF 2.86 07/01/2047 | 2.86% | 07/01/47 | -4.23% | 76.22 | 79.59 |
| 2 | OR POR 2.75 06/01/2042 | 2.75% | 06/01/42 | -3.78% | 79.00 | 82.10 |
| 3 | MO BELSCD 2.40 03/01/2038 | 2.40% | 03/01/38 | -3.72% | 80.63 | 83.75 |
| 4 | MD CEC 2.70 11/01/2049 | 2.70% | 11/01/49 | -3.68% | 72.04 | 74.79 |
| 5 | VA LDNDEV 2.05 12/01/2035 | 2.05% | 12/01/35 | -3.58% | 81.47 | 84.50 |
| 6 | CA RIVOBG 3.86 06/01/2045 | 3.86% | 06/01/45 | -3.53% | 88.37 | 91.60 |
| 7 | MD MDSDEV 3.46 09/01/2031 | 3.46% | 09/01/31 | -3.45% | 95.56 | 98.98 |
| 8 | CA LOSUTL 5.81 06/01/2040 | 5.81% | 06/01/40 | -3.31% | 113.50 | 117.39 |
| 9 | CA LONHGR 2.49 08/01/2030 | 2.49% | 08/01/30 | -3.25% | 88.81 | 91.80 |
| 10 | CA WCCSCD 3.47 08/01/2033 | 3.47% | 08/01/33 | -3.13% | 90.19 | 93.11 |
Top 10 State Winners
Showcases the top 10 Muni State “Winners” based on yield movements between 5/27/22 – 6/3/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | SC | -906 bps | 3.04% | 12.10% |
| 2 | MI | -30 bps | 3.06% | 3.36% |
| 3 | OR | -29 bps | 2.97% | 3.26% |
| 4 | NV | -18 bps | 3.28% | 3.46% |
| 5 | NC | -18 bps | 2.59% | 2.77% |
| 6 | TN | -18 bps | 2.93% | 3.10% |
| 7 | MD | -15 bps | 2.93% | 3.09% |
| 8 | MN | -15 bps | 3.05% | 3.19% |
| 9 | WA | -13 bps | 3.20% | 3.33% |
| 10 | TX | -12 bps | 5.26% | 5.39% |
Top 10 State Losers
Showcases the top 10 Muni State “Losers” based on yield movements between 5/27/22 – 6/3/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | NJ | 26 bps | 3.24% | 2.99% |
| 2 | IL | 25 bps | 3.52% | 3.27% |
| 3 | NY | 16 bps | 3.27% | 3.11% |
| 4 | GA | 12 bps | 3.04% | 2.91% |
| 5 | MA | 11 bps | 3.37% | 3.26% |
| 6 | OH | 9 bps | 3.19% | 3.10% |
| 7 | CO | 9 bps | 3.24% | 3.15% |
| 8 | CA | 8 bps | 3.44% | 3.36% |
| 9 | LA | 6 bps | 3.50% | 3.44% |
| 10 | PA | 5 bps | 3.32% | 3.26% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 5/27/22 – 6/3/22 (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 5/27/22 – 6/3/22 (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 5/27/22 – 6/3/22 (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 5/27/22 – 6/3/22
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 5/27/22 vs. the week ending 6/3/22
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | CA SDGAPT 4.00 07/01/2056 | 4.00% | 07/01/56 | 20 | 89 | 69 | 345% |
| 2 | NJ NJSMED 4.00 07/01/2051 | 4.00% | 07/01/51 | 63 | 122 | 59 | 94% |
| 3 | IN INSMED 5.00 11/01/2051 | 5.00% | 11/01/51 | 14 | 69 | 55 | 393% |
| 4 | IN INSMED 5.00 11/01/2041 | 5.00% | 11/01/41 | 15 | 67 | 52 | 347% |
| 5 | NY NYSHGR 4.00 03/15/2038 | 4.00% | 03/15/38 | 24 | 76 | 52 | 217% |
| 6 | TN GREMED 4.00 07/01/2040 | 4.00% | 07/01/40 | 57 | 107 | 50 | 88% |
| 7 | CA CASMED 5.00 11/01/2047 | 5.00% | 11/01/47 | 10 | 58 | 48 | 480% |
| 8 | IL ILSGEN 5.00 12/01/2033 | 5.00% | 12/01/33 | 28 | 75 | 47 | 168% |
| 9 | TX TAR 4.00 07/15/2047 | 4.00% | 07/15/47 | 13 | 58 | 45 | 346% |
| 10 | PA LEHMED 4.00 07/01/2035 | 4.00% | 07/01/35 | 28 | 72 | 44 | 157% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 5/27/22 – 6/3/22
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | CA CASEDU 5.00 11/01/2030 | 5.00% | 11/01/30 | 33 |
| 2 | CA UNVHGR 4.00 05/15/2053 | 4.00% | 05/15/53 | 29 |
| 3 | OR ORS 5.00 05/01/2036 | 5.00% | 05/01/36 | 28 |
| 4 | CA CASMED 3.00 08/15/2051 | 3.00% | 08/15/51 | 28 |
| 5 | NY NYCGEN 5.00 02/01/2041 | 5.00% | 02/01/41 | 28 |
| 6 | MA MASTRN 5.00 07/01/2052 | 5.00% | 07/01/52 | 27 |
| 7 | UT SALAPT 5.00 07/01/2051 | 5.00% | 07/01/51 | 27 |
| 8 | VA HRDTRN 4.00 07/01/2052 | 4.00% | 07/01/52 | 27 |
| 9 | NJ NJSMED 4.00 07/01/2051 | 4.00% | 07/01/51 | 27 |
| 10 | NY TRBTRN 5.25 05/15/2052 | 5.25% | 05/15/52 | 27 |
Stay up-to-date with weekly summaries.
