High Yield Corporate Bond Market Summary – Week Ending 9/24/21

Talen Energy Corp. (TLN) increased 7.64% from $49.97 to $55.02 last week after the passage of Pennsylvania’s digital infrastructure legislation which provides tax exemptions for data center investments.

High Yield Corporate Bond Market Summary – Week Ending 9/24/212021-09-28T18:09:02+00:00

Investment Grade Corporate Bond Market Summary – Week Ending 9/24/21

Peru’s sovereign bonds (PERU) increased 2.6% from $89.82 to $92.19 last week as central banks in developing nations take center stage in an extended rally in emerging markets given the Fed is in no hurry to raise interest rates.

Investment Grade Corporate Bond Market Summary – Week Ending 9/24/212021-09-28T17:17:40+00:00

Municipal Bond Market Summary – Week Ending 9/24/21

CHICAGO IL TAXABLE-P is this week’s winner, up 3.35% from $126.40 to $130.63 as they announce a plan that would grant certain households $500/mo stipends, following similar relief to that provided under earlier in 2021.

Municipal Bond Market Summary – Week Ending 9/24/212021-09-28T17:17:43+00:00

High Yield Corporate Bond Market Summary – Week Ending 9/17/21

LIGHTSTONE GENERATION LLC TL B is this week’s winner, up 3.4% from $74.84 to $77.35 as the group remains atop the list of distressed issuers despite the recent decline in the supply of distressed securities which had previously seen steady weekly growth.

High Yield Corporate Bond Market Summary – Week Ending 9/17/212021-09-20T20:17:47+00:00

Investment Grade Corporate Bond Market Summary – Week Ending 9/17/21

Lagardere (MMBFP) increased 5.5% from $99.07 to $104.52 last week after Vivendi agrees to buy Amber Capital’s stake in the company to create media empire.

Investment Grade Corporate Bond Market Summary – Week Ending 9/17/212021-09-20T20:04:51+00:00

Syndicated Bank Loan Market Summary – Week Ending 9/17/21

LIGHTSTONE GENERATION LLC TL B is this week’s winner, up 3.4% from $74.84 to $77.35 as the group remains atop the list of distressed issuers despite the recent decline in the supply of distressed securities which had previously seen steady weekly growth.

Syndicated Bank Loan Market Summary – Week Ending 9/17/212021-09-27T16:57:31+00:00

Municipal Bond Market Summary – Week Ending 9/17/21

PR GO RFDG-PUB IMPT- is this week’s winner, up 2.95% from $80.25 to $82.61 as Cuba’s Cimba and Mexico’s drug and medical device marketer Neuronic Mexicana announced a joint venture that seeks to increase the value of biotechnology products by financing clinical trials in underdeveloped countries.

Municipal Bond Market Summary – Week Ending 9/17/212021-09-20T20:18:08+00:00

High Yield Corporate Bond Market Summary – Week Ending 9/10/21

Peabody Energy Corp. (BTU) increased 4.5% from $80.72 to $84.37 last week as demand for U.S. coal exports and natural gas increases, and industrial demand for energy recovers from its pandemic slump.

High Yield Corporate Bond Market Summary – Week Ending 9/10/212021-09-17T18:01:27+00:00

Investment Grade Corporate Bond Market Summary – Week Ending 9/10/21

Edison Intl (EIX) increased 3.6% from $100.64 to $104.25 last week after California’s record-breaking power prices show the market’s desire for more reliable gas generation and highlight the overall value of fossil fuel.

Investment Grade Corporate Bond Market Summary – Week Ending 9/10/212021-09-17T18:00:38+00:00