Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 4/14/22
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 4/8/22 – 4/14/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | HI HISAPT 3.14 07/01/2047 | 3.14% | 07/01/47 | 2.61% | 80.38 | 78.33 |
| 2 | TX MKY 2.00 08/15/2038 | 2.00% | 08/15/38 | 1.52% | 77.73 | 76.56 |
| 3 | CA TAMSCD 1.12 08/01/2028 | 1.12% | 08/01/28 | 1.42% | 87.55 | 86.32 |
| 4 | VA VASHSG 3.35 04/01/2034 | 3.35% | 04/01/34 | 1.00% | 98.54 | 97.56 |
| 5 | CA SMCSCD 1.20 08/01/2028 | 1.20% | 08/01/28 | 0.91% | 87.87 | 87.08 |
| 6 | MD BALGEN 4.00 07/01/2034 | 4.00% | 07/01/34 | 0.81% | 107.17 | 106.30 |
| 7 | CA CTCHGR 2.21 08/01/2028 | 2.21% | 08/01/28 | 0.78% | 94.87 | 94.13 |
| 8 | NY TRBTRN 5.00 05/15/2028 | 5.00% | 05/15/28 | 0.75% | 114.55 | 113.69 |
| 9 | OH UCOHGR 5.00 06/01/2032 | 5.00% | 06/01/32 | 0.75% | 115.86 | 115.00 |
| 10 | CA BAYTRN 2.57 04/01/2031 | 2.57% | 04/01/31 | 0.74% | 93.82 | 93.13 |
Top 10 Losers
Showcases the top 10 Muni Bond “Losers” based on price movements between 4/8/22 – 4/14/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | TX WACEDU 4.00 03/01/2051 | 4.00% | 03/01/51 | -6.57% | 100.50 | 107.57 |
| 2 | CA GLEHGR 3.00 08/01/2047 | 3.00% | 08/01/47 | -6.54% | 88.22 | 94.40 |
| 3 | CT NRW 3.64 08/01/2046 | 3.64% | 08/01/46 | -6.37% | 88.57 | 94.59 |
| 4 | PA REASCD 3.13 04/01/2042 | 3.13% | 04/01/42 | -6.20% | 93.38 | 99.55 |
| 5 | CA CA CHUGEN 0.151 06/01/2022 2.71 06/01/2041 | 2.71% | 06/01/41 | -6.16% | 74.97 | 79.90 |
| 6 | CA PALSCD 2.95 08/01/2047 | 2.95% | 08/01/47 | -6.14% | 82.79 | 88.21 |
| 7 | NV WASSCD 3.00 10/01/2047 | 3.00% | 10/01/47 | -5.40% | 87.17 | 92.14 |
| 8 | CA SFOHGR 3.00 06/15/2045 | 3.00% | 06/15/45 | -5.37% | 86.42 | 91.33 |
| 9 | NJ NJSTRN 4.00 06/15/2050 | 4.00% | 06/15/50 | -5.31% | 96.72 | 102.14 |
| 10 | CA SYSSCD 0.00 08/01/2041 | 0.00% | 08/01/41 | -5.25% | 44.28 | 46.74 |
Top 10 State Winners
Showcases the top 10 Muni State “Winners” based on yield movements between 4/8/22 – 4/14/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | MA | -4 bps | 2.97% | 3.02% |
| 2 | AL | -3 bps | 2.97% | 3.00% |
| 3 | IA | 2 bps | 2.97% | 2.95% |
| 4 | TX | 2 bps | 3.17% | 3.15% |
| 5 | MD | 5 bps | 3.01% | 2.96% |
| 6 | UT | 8 bps | 2.68% | 2.60% |
| 7 | DE | 8 bps | 2.76% | 2.68% |
| 8 | NE | 8 bps | 3.01% | 2.92% |
| 9 | SC | 9 bps | 2.93% | 2.84% |
| 10 | CT | 9 bps | 3.30% | 3.21% |
Top 10 State Losers
Showcases the top 10 Muni State “Losers” based on yield movements between 4/8/22 – 4/14/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | WI | 48 bps | 3.25% | 2.78% |
| 2 | KS | 36 bps | 3.20% | 2.84% |
| 3 | PA | 34 bps | 3.41% | 3.06% |
| 4 | IL | 34 bps | 3.78% | 3.44% |
| 5 | OH | 28 bps | 3.17% | 2.89% |
| 6 | TN | 26 bps | 2.97% | 2.71% |
| 7 | MS | 23 bps | 3.08% | 2.85% |
| 8 | MO | 23 bps | 3.20% | 2.97% |
| 9 | VA | 22 bps | 2.86% | 2.65% |
| 10 | MI | 21 bps | 3.14% | 2.94% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 4/8/22 – 4/14/22 (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 4/8/22 – 4/14/22 (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 4/8/22 – 4/14/22 (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 4/8/22 – 4/14/22
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 4/8/22 vs. the week ending 4/14/22
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | CA SDGAPT 5.00 07/01/2056 | 5.00% | 07/01/56 | 24 | 81 | 57 | 238% |
| 2 | CA UNIUTL 3.00 09/01/2050 | 3.00% | 09/01/50 | 10 | 59 | 49 | 490% |
| 3 | AL ALSHGR 5.00 11/01/2039 | 5.00% | 11/01/39 | 17 | 65 | 48 | 282% |
| 4 | IL COO 5.79 11/15/2029 | 5.79% | 11/15/29 | 8 | 53 | 45 | 563% |
| 5 | NY PORTRN 3.00 10/01/2027 | 3.00% | 10/01/27 | 3 | 45 | 42 | 1400% |
| 6 | UT SALAPT 5.00 07/01/2047 | 5.00% | 07/01/47 | 23 | 65 | 42 | 183% |
| 7 | NY NYSDEV 3.00 03/15/2040 | 3.00% | 03/15/40 | 54 | 95 | 41 | 76% |
| 8 | TX UNIHGR 5.00 08/15/2025 | 5.00% | 08/15/25 | 25 | 64 | 39 | 156% |
| 9 | AL TUS 3.00 10/01/2050 | 3.00% | 10/01/50 | 19 | 55 | 36 | 189% |
| 10 | MA BOS 4.00 04/01/2031 | 4.00% | 04/01/31 | 15 | 51 | 36 | 240% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 4/8/22 – 4/14/22
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | CA CAS 5.00 09/01/2030 | 5.00% | 09/01/30 | 26 |
| 2 | CA CAS 5.00 04/01/2032 | 5.00% | 04/01/32 | 26 |
| 3 | AL BBEUTL 4.00 10/01/2052 | 4.00% | 10/01/52 | 25 |
| 4 | CA CAS 4.00 10/01/2041 | 4.00% | 10/01/41 | 25 |
| 5 | CO COSMED 4.00 01/01/2040 | 4.00% | 01/01/40 | 25 |
| 6 | PR PRC 4.00 07/01/2041 | 4.00% | 07/01/41 | 25 |
| 7 | PR PRC 4.00 07/01/2046 | 4.00% | 07/01/46 | 24 |
| 8 | PR PRC 5.38 07/01/2025 | 5.38% | 07/01/25 | 24 |
| 9 | VA FAIUTL 4.00 07/15/2051 | 4.00% | 07/15/51 | 24 |
| 10 | PR PRC 4.00 07/01/2037 | 4.00% | 07/01/37 | 24 |
Stay up-to-date with weekly summaries.
