We are excited to launch a weekly newsletter to highlight trends in the Municipal Bond market. Our newsletter presents key trends derived from observable Municipal Bond pricing data over a weekly period.
- Top 10 Muni Bond Winners & Losers
- Top 10 Muni State Winners & Losers
- 10 Yr Yield by State - All Muni
- 10 Yr Yield by State - GO Only
- 10 Yr Yield by State - REV Only
- Market Sentiment
- Top Quote Volume Movers
- Most Quoted Municipal Bonds
| TOP 10 BOND WINNERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
PR-REF-A |
4.75% |
07/01/30 |
5.72% |
65.55 |
62.00 |
| 2 |
MAINE HLTH & HGR-B |
5.00% |
07/01/33 |
4.41% |
125.19 |
119.90 |
| 3 |
IL FIN AUTH-A |
6.13% |
04/01/49 |
3.49% |
118.50 |
114.50 |
| 4 |
PENINSULA PORT |
1.70% |
10/01/33 |
3.15% |
103.87 |
100.70 |
| 5 |
HARRIS CULTL ED-A |
5.00% |
12/01/29 |
2.23% |
118.28 |
115.70 |
| 6 |
PA TPK-A |
5.00% |
12/01/21 |
2.08% |
110.00 |
107.75 |
| 7 |
SAUSALITO CAB-B-FIRE |
0.00% |
08/01/37 |
2.00% |
63.05 |
61.81 |
| 8 |
PUERTO RICO-A |
8.00% |
07/01/35 |
1.77% |
61.57 |
60.49 |
| 9 |
CHEROKEE WTR/SWR REF |
5.50% |
08/01/23 |
1.69% |
111.71 |
109.86 |
| 10 |
HOUSTON TX UTL SYS-C |
2.98% |
11/15/42 |
1.64% |
96.13 |
94.58 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
CA CMTY DEV AUTH |
6.50% |
06/01/35 |
-6.14% |
53.50 |
57.00 |
| 2 |
CUPERTINO UNION SD |
3.00% |
08/01/37 |
-6.07% |
98.12 |
104.47 |
| 3 |
PR ELEC |
4.25% |
07/01/20 |
-4.75% |
66.44 |
69.75 |
| 4 |
NYC SER A2 |
5.21% |
10/01/31 |
-4.20% |
115.91 |
120.99 |
| 5 |
PA TURNPIKE COMM -B |
5.00% |
12/01/40 |
-4.09% |
115.70 |
120.63 |
| 6 |
BOLINGBROOK-B |
0.00% |
01/01/30 |
-3.93% |
76.61 |
79.74 |
| 7 |
MAURY CNTY |
2.50% |
04/01/36 |
-3.87% |
95.16 |
99.00 |
| 8 |
PORT AUTH OF NEW YORK |
3.29% |
08/01/69 |
-3.72% |
95.80 |
99.50 |
| 9 |
MO ST HLTH & EDU FACS |
3.65% |
01/15/46 |
-3.62% |
107.50 |
111.53 |
| 10 |
FORT BEND CO MUD #215 |
2.50% |
09/01/37 |
-3.61% |
90.75 |
94.15 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 11/1/19 - 11/8/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
NV |
-19 bps |
2.23% |
2.42% |
| 2 |
OH |
-5 bps |
2.25% |
2.30% |
| 3 |
NC |
-5 bps |
2.02% |
2.07% |
| 4 |
DC |
-4 bps |
2.05% |
2.09% |
| 5 |
NM |
-3 bps |
1.95% |
1.98% |
| 6 |
AL |
-3 bps |
2.12% |
2.15% |
| 7 |
HI |
-3 bps |
2.05% |
2.08% |
| 8 |
IA |
-3 bps |
2.12% |
2.15% |
| 9 |
IL |
-2 bps |
3.06% |
3.08% |
| 10 |
KS |
-1 bps |
2.34% |
2.34% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
IN |
37 bps |
2.88% |
2.50% |
| 2 |
AR |
34 bps |
2.58% |
2.24% |
| 3 |
CO |
34 bps |
2.36% |
2.02% |
| 4 |
MA |
32 bps |
2.39% |
2.08% |
| 5 |
ME |
30 bps |
2.22% |
1.92% |
| 6 |
NY |
21 bps |
2.39% |
2.18% |
| 7 |
MS |
20 bps |
2.38% |
2.18% |
| 8 |
WI |
19 bps |
2.37% |
2.18% |
| 9 |
GA |
19 bps |
2.11% |
1.91% |
| 10 |
SC |
18 bps |
2.17% |
1.99% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 11/1/19 - 11/8/19
- Displays the average Muni 10 year yield by state between 11/1/19 - 11/8/19 (General Obligation and Revenue Bonds)
- Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
- Displays the average Muni 10 year yield by state between 11/1/19 - 11/8/19 (General Obligation Bonds only)
- Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
- Displays the average Muni 10 year yield by state between 11/1/19 - 11/8/19 (Revenue Bonds only)
- Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
- Reveals the percent of Muni bonds increasing in price (Advancers) vs. decreasing in price (Decliners) between 11/1/19 - 11/8/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
CHARLOTTE-B |
5.00% |
07/01/27 |
10 |
50 |
40 |
400% |
| 2 |
GALENA PARK ISD |
4.00% |
08/15/35 |
6 |
34 |
28 |
467% |
| 3 |
CA EDU FACS AUTH-U6 |
5.00% |
05/01/45 |
46 |
70 |
24 |
52% |
| 4 |
BAY AREA TOLL-S8-BAM |
3.00% |
04/01/54 |
16 |
40 |
24 |
150% |
| 5 |
CUYAHOGA CO HOSP |
5.00% |
02/15/57 |
4 |
28 |
24 |
600% |
| 6 |
PORT AUTH NY & NJ-202 |
5.00% |
10/15/22 |
6 |
30 |
24 |
400% |
| 7 |
CAP TRUST AGY-A |
5.25% |
12/01/43 |
6 |
30 |
24 |
400% |
| 8 |
MASSACHUSETTS ST SCH |
5.00% |
02/15/49 |
16 |
40 |
24 |
150% |
| 9 |
AMERICAN MUNI PWR-A |
5.00% |
02/15/38 |
15 |
39 |
24 |
160% |
| 10 |
TRIBOROUGH BRID-C-REF |
5.00% |
11/15/36 |
26 |
50 |
24 |
92% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 11/1/19 vs. the week ending 11/8/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
CHARLESTON CO SC-B |
5.00% |
11/01/30 |
14 |
| 2 |
CA EDU FACS AUTH-U6 |
5.00% |
05/01/45 |
14 |
| 3 |
ARKANSAS ST DEV FIN A |
4.50% |
09/01/49 |
13 |
| 4 |
CALIFORNIA ST-REF |
5.00% |
04/01/28 |
13 |
| 5 |
HOUSTON-UTL SYS-B-REF |
5.00% |
11/15/36 |
13 |
| 6 |
CO ST HLTH FACS AUTH |
4.00% |
08/01/49 |
12 |
| 7 |
ILLINOIS FIN AUTH |
5.00% |
12/01/26 |
12 |
| 8 |
ATLANTA ARPT REV-D |
4.00% |
07/01/37 |
12 |
| 9 |
SAN FRANCISCO ARPT |
5.00% |
05/01/26 |
12 |
| 10 |
SAN ANTONIO TX ELEC & |
5.00% |
02/01/35 |
12 |
- Ranks the Munis that were quoted by the highest number of dealers between 11/1/19 - 11/8/19
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