BondWave QMarks Quarterly Dashboards: Q3 2026
10/22/2026 TabbFORUM
BondWave's latest QMarks Dashboards offer a fresh look at third-quarter 2026 trading activity across the fixed income markets, using proprietary analytics to evaluate corporate, municipal, agency, and 144A bond transactions. Building on last quarter's focus on the most cost-effective trades, the latest analysis continues to explore execution quality, trading costs, and market efficiency. By introducing new analytical panels each quarter, BondWave provides market participants with insights into shifting trading patterns, execution trends, and opportunities for improved performance across fixed income markets. open website
The Muni/Treasury Ratio and Recent Shifts in the Yield Curve
10/11/26 TabbFORUM
In this piece, Madhura Katre, VP, Fixed Income Lab, explores how municipal yields, as measured by the BondWave Municipal AA QCurve, have moved in tandem with the U.S. Treasury yield curve and how the Federal Reserve’s rate policy has impacted its term structure. In July 2022, the U.S. Treasury curve inverted between the 1- to 5-year range. Municipal yields experienced the same inversion a little later that year, starting in December 2022. The first signs of the inversion reversing its course emerged in Q4 of 2024, along with the Federal Reserve reducing rates by 50 bps. open website
