Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 7/22/22
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 7/15/22 – 7/22/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | CA RIVDEV 3.00 10/01/2035 | 3.00% | 10/01/35 | 4.52% | 93.74 | 89.69 |
| 2 | PA DRVTRN 5.00 01/01/2036 | 5.00% | 01/01/36 | 4.11% | 111.73 | 107.32 |
| 3 | FL HILGEN 3.13 08/01/2044 | 3.13% | 08/01/44 | 4.03% | 91.83 | 88.28 |
| 4 | NY NASGEN 1.28 11/15/2028 | 1.28% | 11/15/28 | 3.87% | 87.41 | 84.16 |
| 5 | NY NYSENV 5.00 06/15/2035 | 5.00% | 06/15/35 | 3.83% | 113.67 | 109.48 |
| 6 | NE NESSFH 1.75 09/01/2031 | 1.75% | 09/01/31 | 3.81% | 86.19 | 83.03 |
| 7 | PR PRC 11/01/2043 | #VALUE! | 11/01/43 | 3.80% | 52.90 | 50.96 |
| 8 | TX WAC 4.00 02/01/2040 | 4.00% | 02/01/40 | 3.65% | 102.11 | 98.52 |
| 9 | CO COSMED 5.00 11/15/2039 | 5.00% | 11/15/39 | 3.60% | 112.20 | 108.30 |
| 10 | MI MISFAC 5.00 04/15/2035 | 5.00% | 04/15/35 | 3.57% | 109.89 | 106.10 |
Top 10 Losers
Showcases the top 10 Muni Bond “Losers” based on price movements between 7/15/22 – 7/22/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | CT CTS 4.00 06/01/2039 | 4.00% | 06/01/39 | -4.98% | 102.04 | 107.39 |
| 2 | NY NYCMED 4.00 02/15/2045 | 4.00% | 02/15/45 | -4.34% | 98.41 | 102.87 |
| 3 | KS KSSDEV 2.77 05/01/2051 | 2.77% | 05/01/51 | -3.78% | 74.60 | 77.53 |
| 4 | TX ACCFAC 4.00 10/01/2050 | 4.00% | 10/01/50 | -3.22% | 96.78 | 100.00 |
| 5 | TX TXSGEN 4.00 02/01/2039 | 4.00% | 02/01/39 | -2.97% | 102.57 | 105.71 |
| 6 | OH ALLMED 4.00 11/01/2044 | 4.00% | 11/01/44 | -2.83% | 96.41 | 99.22 |
| 7 | PA PASTRN 0.00 12/01/2041 | 0.00% | 12/01/41 | -2.73% | 45.24 | 46.50 |
| 8 | OR TCYTRN 4.00 09/01/2039 | 4.00% | 09/01/39 | -2.71% | 104.90 | 107.83 |
| 9 | FL MIAUTL 4.00 10/01/2044 | 4.00% | 10/01/44 | -2.62% | 100.09 | 102.78 |
| 10 | TX TXSWTR 4.00 10/15/2037 | 4.00% | 10/15/37 | -2.45% | 105.30 | 107.95 |
Top 10 State Winners
Showcases the top 10 Muni State “Winners” based on yield movements between 7/15/22 – 7/22/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | MA | 28 bps | 3.54% | 3.26% |
| 2 | MI | 26 bps | 3.36% | 3.10% |
| 3 | NJ | 24 bps | 3.49% | 3.25% |
| 4 | FL | 16 bps | 3.51% | 3.35% |
| 5 | IL | 15 bps | 3.89% | 3.74% |
| 6 | TN | 13 bps | 3.18% | 3.05% |
| 7 | VA | 10 bps | 3.04% | 2.94% |
| 8 | WI | 8 bps | 3.40% | 3.32% |
| 9 | MD | 8 bps | 3.05% | 2.96% |
| 10 | NC | 5 bps | 2.88% | 2.83% |
Top 10 State Losers
Showcases the top 10 Muni State “Losers” based on yield movements between 7/15/22 – 7/22/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | NV | -20 bps | 3.28% | 3.48% |
| 2 | KS | -17 bps | 3.18% | 3.35% |
| 3 | HI | -15 bps | 3.31% | 3.46% |
| 4 | OR | -14 bps | 3.36% | 3.51% |
| 5 | AZ | -13 bps | 3.08% | 3.21% |
| 6 | CT | -10 bps | 3.62% | 3.71% |
| 7 | AL | -9 bps | 3.20% | 3.29% |
| 8 | GA | -6 bps | 3.06% | 3.12% |
| 9 | MO | -6 bps | 3.24% | 3.31% |
| 10 | DC | -6 bps | 3.50% | 3.57% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 7/15/22 – 7/22/22 (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 7/15/22 – 7/22/22 (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 7/15/22 – 7/22/22 (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 7/15/22 – 7/22/22
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 7/15/22 vs. the week ending 7/22/22
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | CA ANAHSG 5.00 10/01/2045 | 5.00% | 10/01/45 | 12 | 71 | 59 | 492% |
| 2 | CA LOSUTL 5.00 07/01/2050 | 5.00% | 07/01/50 | 15 | 71 | 56 | 373% |
| 3 | CA CASFIN 5.00 11/01/2044 | 5.00% | 11/01/44 | 27 | 71 | 44 | 163% |
| 4 | TX DALAPT 4.00 11/01/2045 | 4.00% | 11/01/45 | 47 | 91 | 44 | 94% |
| 5 | IL ILSPWR 4.00 02/01/2034 | 4.00% | 02/01/34 | 6 | 50 | 44 | 733% |
| 6 | NY NYC 4.00 08/01/2039 | 4.00% | 08/01/39 | 15 | 57 | 42 | 280% |
| 7 | DC DISGEN 5.00 05/01/2045 | 5.00% | 05/01/45 | 31 | 73 | 42 | 135% |
| 8 | CA WSOWTR 5.00 09/01/2045 | 5.00% | 09/01/45 | 19 | 61 | 42 | 221% |
| 9 | FL MIA 4.00 07/01/2045 | 4.00% | 07/01/45 | 20 | 60 | 40 | 200% |
| 10 | CA IRVGEN 5.00 09/01/2051 | 5.00% | 09/01/51 | 22 | 61 | 39 | 177% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 7/15/22 – 7/22/22
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | MA MASTRN 5.00 06/01/2052 | 5.00% | 06/01/52 | 32 |
| 2 | PR PRCGEN 5.00 07/01/2058 | 5.00% | 07/01/58 | 31 |
| 3 | TX RKWSCD 5.00 02/15/2052 | 5.00% | 02/15/52 | 29 |
| 4 | NY NYSHGR 4.00 07/01/2049 | 4.00% | 07/01/49 | 29 |
| 5 | TX BARSCD 4.00 02/15/2041 | 4.00% | 02/15/41 | 28 |
| 6 | CA UNVHGR 4.00 05/15/2053 | 4.00% | 05/15/53 | 28 |
| 7 | OH BUCGEN 4.00 06/01/2048 | 4.00% | 06/01/48 | 28 |
| 8 | FL TAMUTL 5.00 10/01/2047 | 5.00% | 10/01/47 | 27 |
| 9 | ID IDSMED 4.00 12/01/2043 | 4.00% | 12/01/43 | 27 |
| 10 | GA ATLAPT 4.00 07/01/2040 | 4.00% | 07/01/40 | 27 |
Stay up-to-date with weekly summaries.
