In this week’s market summaries, SolveQuotes composite data showed that HARVEY GULF EXIT TL increased 13.0% this month following the selection of SailPlan to optimize fleet emissions. Read below for more weekly insights within the Bank Loan, Municipal Bond, and Corporate Bond markets.

Bank Loan Market Summary

PEABODY ENERGY TL B increased 3.7% from $90.79 to $94.12 following reports of the highest profits in decades and projection of higher mine output this year.

Electric increased 0.78% following President Biden’s meeting with CEOs of electric utility companies in which he promoted the clean energy elements of his stalled spending bill.

View the most recent Bank Loan Market Summary

Municipal Bond Market Summary

NY NYCDEV 4 02/15/2043 increase 1.14% from $112.44 to $113.72 as municipal sustainable debt market expects to surpass $60 million in 2022 and take the largest share of total municipal issuances.

TX TXSTRN 2.56 04/01/2042 decreased -4.9% from $98.44 to $93.59 as they battle over ownership of the prominent Broadway Street with the city of San Antonio threatening progress on a critical redevelopment project.

WA WAS 5 02/01/2046 ranked on the Quote Volume list last week, increasing 1740% as the state looks to remove certain mask mandates as they begin to transition from the pandemic.

View the most recent Municipal Bond Market Summary

IG & HY Corporate Bond Summary

Country Garden (8 1/27/2024) increased 5.2% from $90.18 to $94.90 last week after the Chinese developer raised $501 million and investor moods began to lift.

Allianz SE (3.875 PERP) decreased 7.9% from $97.87 to $90.11 last week after announcing plans to double down on alternative asset classes after the implosion of a U.S. hedge fund backed by the German insurer.

Energy: Electricity was among the top performers last week with overall 5-year yields down 13 bps given new policy shifts toward energy transition. New renewable power plants are reducing U.S. electricity generation from natural gas.

Agile Property (4.85 8/31/2022) increased 16.5% from $54.19 to $63.14 last week after selling its stakes in seven more projects across China to help manage its debt.

Deutsche’s Postbank (0 PERP) decreased 8% from $96.29 to $88.57 last week after employees at 40 branches staged brief warning strikes across the firm and cited rising inflation to demand higher wages.

Consumer Goods: Non-Durable was one of the top performing industries last week with prices up 0.6% as imports increased for a fifth straight month amid strong domestic demand.

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