Syndicated Bank Loan Market Summary – Week Ending 7/2/20
MCDERMOTT exited bankruptcy last week. The company's TL B ranked as the #1 loan "loser" ($35.19) and also as a top Quote Volume Mover.
Municipal Bond Market Summary – Week Ending 7/2/20
#HAWAII Airport Bonds experienced a surge in interest last week with a 475% increase in quote volume.
Syndicated Bank Loan Market Summary – June 2020
Consumer Transportation rallied 9.3% in June, outpacing the average loan increase of 2.3%, driven by airline price advances.
Municipal Bond Market Summary – Week Ending 6/26/20
Muni Sentiment decliners continued to outpace advancers for the second half of June.
Syndicated Bank Loan Market Summary – Week Ending 6/26/20
Bid Offer Volume decreased last week, with Total Offers decreasing by 23.6% and Total Bids by 22.1%, likely due to the start of the lighter volume Summer season.
Municipal Bond Market Summary – Week Ending 6/19/20
The state of Minnesota Muni bonds rallied to last week's top State "winner" (+1.61%) after being the top "loser" (-1.87%) the prior week.
Syndicated Bank Loan Market Summary – Week Ending 6/19/20
The Retail industry continues to struggle when compared to the overall Bank Loan market, with an average price 900bps lower than the broader loan market.
Municipal Bond Market Summary – Week Ending 6/12/20
New York Muni Bonds accounted for the majority of the Most Quoted bonds last week, being quoted by over 30 dealers.
Syndicated Bank Loan Market Summary – Week Ending 6/12/20
AMERICAN AIRLINES TL B was one of top quoted Bank Loans last week, being quoted by 15 dealers. The bid price also increased over 13% from the week prior, ranking the Leveraged Loan as one of the top "winners" as well.
Municipal Bond Market Summary – Week Ending 6/5/20
NYC TRANSITIONAL FIN landed on both the Top Quote Volume Movers and Top Quoted Munis last week with a 920% weekly increase in quote volume from 28 banks/dealers.