Municipal Bonds

The state of Louisiana was the largest state winner last week as 10yr yields decreased 7bps to 1.79%, bucking the overall trend of rising yields for all other states over the past week

TOLEDO-WTR SYS REV saw a dramatic increase in Quote Volume last week, with 46 more quotes last week than the prior week.

South Carolina was the top state 'Loser' with a yield of 1.42% last week.

MIAMI-DADE COUNTY WTR SWR ranked as the Most Quoted Muni bond, quoted by 37 dealers.

The state of Arkansas ranked as the top State 'Winner' last week as 10yr yields decreased 51bps to 1.45%.

Muni bond Market Sentiment was decidedly negative last week with decliners outpacing advancers 5 to 2 over the week.