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 |
OHIO ST UNIV-A-TXBL |
4.80% |
06/01/11 |
8.95% |
133.29 |
122.34 |
| 2 |
PR BLDG-D-UNREF-GOVT |
5.38% |
07/01/33 |
6.10% |
86.74 |
81.75 |
| 3 |
PR-REF-PUB IMPT-A |
6.00% |
07/01/34 |
4.68% |
72.63 |
69.38 |
| 4 |
MET PIER |
0.00% |
06/15/43 |
3.92% |
47.57 |
45.77 |
| 5 |
MS ST -RECOV ZONE |
5.45% |
11/01/35 |
2.06% |
130.15 |
127.52 |
| 6 |
NYC TRANSTNL FIN-A2 |
3.01% |
08/01/24 |
1.70% |
104.10 |
102.36 |
| 7 |
LA CNTY |
7.62% |
08/01/40 |
1.69% |
159.85 |
157.19 |
| 8 |
BATAVIA LOCAL SD -B |
3.00% |
11/01/50 |
1.69% |
99.96 |
98.30 |
| 9 |
CA INFRAS ECON-BABS |
6.49% |
05/15/49 |
1.43% |
146.48 |
144.42 |
| 10 |
MS DEV-TXB-B-JACKSON |
4.37% |
03/01/24 |
1.40% |
107.71 |
106.22 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
KINGS CANYON JT USD-B |
0.00% |
08/01/44 |
-5.41% |
39.95 |
42.23 |
| 2 |
WEST CONTRA COSTA-CAB |
0.00% |
08/01/33 |
-5.24% |
70.50 |
74.39 |
| 3 |
BALTIMORE WTR REF-A |
5.00% |
07/01/24 |
-5.23% |
106.85 |
112.75 |
| 4 |
PHILADELPHIA SD-QSCB |
5.06% |
09/01/42 |
-4.41% |
114.36 |
119.64 |
| 5 |
ALABAMA ECON SETTLEME |
3.16% |
09/15/25 |
-4.26% |
98.22 |
102.60 |
| 6 |
EAST HAMPTON TWN |
2.38% |
09/01/38 |
-3.94% |
95.17 |
99.07 |
| 7 |
MEDWAY TWN |
2.00% |
09/01/34 |
-3.70% |
94.02 |
97.64 |
| 8 |
NEW HOPE CULT EDU-B |
4.00% |
07/01/24 |
-3.67% |
105.70 |
109.73 |
| 9 |
MEDWAY TWN |
2.00% |
09/01/33 |
-3.65% |
94.92 |
98.51 |
| 10 |
HWY 380 MUN MGMT DT 1 |
2.50% |
05/01/38 |
-3.62% |
94.41 |
97.95 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 9/13/19 - 9/20/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
AL |
-20 bps |
2.24% |
2.44% |
| 2 |
WI |
-16 bps |
2.02% |
2.17% |
| 3 |
RI |
-8 bps |
1.85% |
1.93% |
| 4 |
NJ |
-7 bps |
2.17% |
2.24% |
| 5 |
MA |
-7 bps |
1.98% |
2.04% |
| 6 |
MS |
-6 bps |
2.08% |
2.14% |
| 7 |
WA |
-6 bps |
2.01% |
2.07% |
| 8 |
OR |
-5 bps |
2.16% |
2.21% |
| 9 |
MT |
-4 bps |
1.81% |
1.86% |
| 10 |
CO |
-4 bps |
2.01% |
2.04% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
NM |
31 bps |
2.30% |
1.98% |
| 2 |
AK |
26 bps |
2.66% |
2.40% |
| 3 |
IL |
24 bps |
3.35% |
3.11% |
| 4 |
MN |
23 bps |
1.98% |
1.75% |
| 5 |
PA |
16 bps |
2.44% |
2.28% |
| 6 |
AR |
14 bps |
2.34% |
2.20% |
| 7 |
MI |
14 bps |
2.51% |
2.37% |
| 8 |
KY |
14 bps |
2.71% |
2.57% |
| 9 |
VA |
13 bps |
1.94% |
1.81% |
| 10 |
TX |
13 bps |
2.33% |
2.20% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 9/13/19 - 9/20/19
- Displays the average Muni 10 year yield by state between 9/13/19 - 9/20/19 (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 9/13/19 - 9/20/19 (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 9/13/19 - 9/20/19 (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 9/13/19 - 9/20/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
NEW JERSEY EDUCTNL |
5.00% |
07/01/31 |
7 |
40 |
33 |
471% |
| 2 |
MASSACHUSETTS DEV-A |
4.00% |
06/01/49 |
3 |
35 |
32 |
1067% |
| 3 |
KILLEEN ISD |
4.00% |
02/15/36 |
25 |
55 |
30 |
120% |
| 4 |
FT BEND GRAND PKWY |
4.00% |
03/01/46 |
3 |
31 |
28 |
933% |
| 5 |
NEW YORK CITY NY TRAN |
5.00% |
07/15/31 |
7 |
33 |
26 |
371% |
| 6 |
OHIO ST-C-REF-HGR EDU |
5.00% |
08/01/27 |
4 |
29 |
25 |
625% |
| 7 |
E BAY MUN UTIL DT-B |
5.00% |
06/01/30 |
3 |
28 |
25 |
833% |
| 8 |
MARYLAND ST-1ST SER |
5.00% |
03/15/31 |
18 |
43 |
25 |
139% |
| 9 |
ORANGE CNTY CA LOCAL |
5.00% |
02/15/32 |
17 |
42 |
25 |
147% |
| 10 |
MA SCH BLDG-SUB-A |
4.00% |
02/15/43 |
1 |
25 |
24 |
2400% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 9/13/19 vs. the week ending 9/20/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
VIRGINIA-A-REF |
5.00% |
06/01/24 |
15 |
| 2 |
NORTH TEXAS TOLLWAY |
5.00% |
01/01/38 |
15 |
| 3 |
CALIFORNIA |
5.00% |
10/01/39 |
14 |
| 4 |
PITTSBURGH PA WTR & S |
5.00% |
09/01/26 |
13 |
| 5 |
CALIFORNIA |
5.00% |
10/01/30 |
13 |
| 6 |
NY ST DORM AUTH -A |
5.00% |
03/15/43 |
12 |
| 7 |
PHILADELPHIA PA HOSPS |
5.00% |
07/01/31 |
11 |
| 8 |
NEW YORK ST DORM AUTH |
5.00% |
03/15/36 |
11 |
| 9 |
KILLEEN ISD |
4.00% |
02/15/36 |
11 |
| 10 |
PHILADELPHIA PA HOSPS |
5.00% |
07/01/29 |
11 |
- Ranks the Munis that were quoted by the highest number of dealers between 9/13/19 - 9/20/19
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