In this week’s market summaries, SolveQuotes composite data showed that Energy: Oil & Gas increased 0.22% as the market caps off its fifth straight weekly gain and CA CASWTR 2.23 12/01/2035 decreased -3.8% from $100.94 to $97.28 as drought continues to persist. Read below for more weekly insights within the Bank Loan, Municipal Bond, and Corporate Bond markets.

Bank Loan Market Summary

AMERICAN AIRLINES TL B increased 1.4% from $96.23 to 97.58 as the airline reports narrower than expected Q4 losses indicating improving air-travel demand.

AMC ENTERTAINMENT TL B1 decreased -0.8% from $90.10 to $89.39 as the company looks to 2022 for success which relies upon refinancing their theater chain’s debt while facing costs associated with rising interest rates.

Energy: Oil & Gas increased 0.22% as the market caps off its fifth straight weekly gain and sees the highest prices since 2014, accredited to booming demand and shortage in crude supply.

View the most recent Bank Loan Market Summary

Municipal Bond Market Summary

PR PRC 5.25 07/01/2030 increased 2.5% from $99.63 to $102.13 as the territory’s municipal bankruptcy is coming to an end after receiving approval for the debt-reduction plan.

CA CASWTR 2.23 12/01/2035 decreased -3.8% from $100.94 to $97.28 as drought continues to persist in the state despite some indications of its easing.

UT SALAPT 5 07/01/2034 ranked on the Quote Volume list this past week, increasing 400% amid the surging Omicron variant of COVID-19.

View the most recent Municipal Bond Market Summary

IG & HY Corporate Bond Summary

Lilly ICOS (1.375 9/14/2061) increased 17.7% from $70.84 to $83.36 last week after ascertaining an inventive step in treatment dosage for Cialis, a pharmaceutical product for the treatment of erectile dysfunction.

Russia (1.85 11/20/2032) decreased 3.7% from $95.74 to $92.24 last week after the U.S. threatens use of novel export control to damage Russia’s strategic industries if Moscow invades Ukraine.

Hotel, Gaming & Leisure was the top performing industry last week with yields dropping 15 bps chiefly driven by casino REITs and attractive growth opportunities across all related businesses such as retail, entertainment, and restaurants.

Sinclair’s Diamond Sports Group (12.75 12/1/2026) increased 37.4% from $56.12 to $77.09 last week given swings to company profits last quarter and continued recovery across the advertising landscape.

China’s Aoyuan Group (7.95 6/21/2024) decreased 20.2% from $17.67 to $14.10Q 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.

Transportation: Consumer was one of the top performing industries last week with overall prices up 0.2% given Transit Authorities & other U.S. agencies are devising price cuts among other measures to lure back customers to pre-pandemic ridership levels.

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