Municipal Bond Market Summary – Week Ending 10/8/21

LONG BEACH CA CCD-H ranked on the Quote Volume list this past week increasing from 6 to 42 quotes as Moody’s assigns a Aa2 rating due to district’s large and diverse assessed value that indicates further favorable growth.

Municipal Bond Market Summary – Week Ending 10/8/212021-10-13T14:30:52+00:00

Investment Grade Corporate Bond Market Summary – Week Ending 10/1/21

Telefonica Europe (TELEFO) increased 3.6% from $136.84 to $141.75 last week after announcing its collaboration with IBM to implement its first cloud-native 5G core network platform.

Investment Grade Corporate Bond Market Summary – Week Ending 10/1/212021-10-04T19:04:01+00:00

Syndicated Bank Loan Market Summary – September 2021

PEABODY ENERGY TL B is this month’s winner, up 11% from $73.02 to $81.03 as in the past two there has been a high volume of news searches, insiders selling of company shares, and increases in the company’s options and bonds.

Syndicated Bank Loan Market Summary – September 20212021-10-04T20:41:00+00:00

Syndicated Bank Loan Market Summary – Week Ending 10/1/21

GULF FINANCE TL B is this week’s winner, up 12% from $85.56 to $95.80 as the company looks to cut its outstanding loan balance from $1.05 billion to $723 million. The refinancing will lower Gulf’s default risk and extend its financial runway according to Moody’s.

Syndicated Bank Loan Market Summary – Week Ending 10/1/212021-10-04T19:04:08+00:00

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