In this week’s market summaries, SolveQuotes composite data showed that EPIC CRUDE TL B increased 3.1% from as crude oil prices skyrocket to record highs and RI SOU 3 increased 0.94% as the town’s home revaluation process increased home values. Read below for more weekly insights within the Bank Loan, Municipal Bond, and Corporate Bond markets.

Bank Loan Market Summary

EPIC CRUDE TL B increased 3.1% from $81.81 to $84.35 as crude oil prices skyrocket to record highs as Russia’s continued invasion of Ukraine pressures markets.

VALEO FOODS EUR TL B decreased -7.2% from $97.93 to $ $90.90 as union members vote in favor of a strike following pay disputes.

Transportation: Consumer decreased -0.89% as rising fuel prices slow consumption as consumers reduce travel.

View the most recent Bank Loan Market Summary

Municipal Bond Market Summary

RI SOU 3 03/01/2040 increased 0.94% from $108.16 to $109.18 as the town’s home revaluation process resulted in substantial increases in home values.

DC METAPT 5 10/01/2028 ranked on the Quote Volume List this past week, increasing 1080% as the airport authority announces a new “Green Concessions Program.”

View the most recent Municipal Bond Market Summary

IG & HY Corporate Bond Summary

Goldman Sachs (0 8/11/2028) increased 8.3% from $92.06 to $99.70 last week after announcing it is closing all operations in Russia entirely, making it the first major Wall Street bank to withdraw since Russia invaded Ukraine.

Country Garden (6.15 9/17/2025) decreased 27.4% from $73.39 to $53.25 last week after the real estate firm failed to generate sufficient investor demand for a potential $300 convertible bond.

Media: Broadcasting & Subscription was one of the top performing industries last week with yields dropping 26 bps given the increase of digital-only news sites and subscription platforms.

Nine Energy (8.75 11/1/2023 144A) increased 35.7% from $42.21 to $57.26 last week given Russia’s invasion of Ukraine and the significant impact it has had on energy prices.

Sino-Ocean Group (4.9 PERP) decreased 23.4% from $75.10 to $57.51 last week after the Chinese property developer secured a site in Kowloon City for development. Fitch revised outlook ratings to negative.

Banking was the top performing industry last week with prices up 1.1% as international banks continue to navigate an asymmetrical recovery from the pandemic while forging ahead on the path to future growth.

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