In this week’s market summaries, SolveQuotes composite data showed that WORLDSTRIDES PIK HOLDCO TL is this week’s winner, up 1.81% following an uptick in the travel and leisure industry after Pfizer Inc. announced its new antiviral pill and MET TRANSPRTN AUTH NY is down -2.09% as ridership levels are still far below pre-pandemic levels. Read below for more weekly insights within the Bank Loan, Municipal Bond, and Corporate Bond markets.

Bank Loan Market Summary

WORLDSTRIDES PIK HOLDCO TL is this week’s winner, up 1.81% from $65.19 to $66.37 following an uptick in the travel and leisure industry after Pfizer Inc. announced its new antiviral pill reduced Covid-19 hospitalizations and deaths in testing.

SINCLAIR BROADCAST GROUP INC. TL B is this week’s loser, down -7.8% $52.82 to $48.72 as the company continues to face unresolved issues stemming from a ransomware attack last month.

Energy: Oil & Gas is this week’s winner, up .38% as crude oil prices continue to rise, indicating even steeper prices for heating oil and gasoline in the winter months.

View the most recent Bank Loan Market Summary

Municipal Bond Market Summary

PUERTO RICO HIGHWAYS AND TRANSPORTATION AUTHORITY is this week’s winner, up 18.1% from $49.17 to $58.05 continuing their positive stretch since the Commonwealth of Puerto Rico’s financial oversight board approved the sale of bonds last month.

MET TRANSPRTN AUTH NY is this week’s loser, down -2.09% from $121.52 to $118.97 as ridership levels are still far below pre-pandemic levels.

AUSTIN TX WTR & WSTWT ranked on the quote volume list this past week, increasing from 9 to 60 quotes after it is announced that the plant completed a new system to handle turbidity associated with extreme flooding events.

View the most recent Municipal Bond Market Summary

IG & HY Corporate Bond Summary

General Electric (GE) increased 10% from $138.09 to $143.17 last week as investors turn to more recession resistant investments with reliable growth given the current economic uncertainty.

Shui On (SHUION) bonds decreased 3.8% from $94.03 to $90.42 last week and is one of many Chinese property developers to be impacted by the Evergrande’s market disruption.

Containers, Packaging, and Glass was the top performing industry last week with yields dropping 72 bps chiefly driven by a significant rise in demand for packaging across all industries.

Talen Energy Corp. (TLN) increased 6.9% from $65.48 to $70.00 last week after news broke last month that they were considering launching their first renewable power generation project in Texas.

China’s Aoyuan Group (CAPG) decreased 31.6% from $46.77 to $32.00 last week. This follows the Evergrande Crisis as China’s property sector continues to be in turmoil, and property firms continue to suffer from fresh rating downgrades.

Chemicals, Plastics & Rubber industry was among the top performing industries last week with overall prices up 0.82% driven by an increase in industrial production measures and output.

To view the most recent Corporate Bond Market Summaries: Investment Grade or High Yield