State 10-year GO Yield Spread Relative to Generic 10-year AAA Index (bps) Moody's Credit Rating % of Index
Illinois 3.55 62 A2 3.8%
New Jersey 3.15 21 Aa3 2.9%
Texas 3.11 17 Aaa 11.3%
Pennsylvania 3.10 16 Aa2 3.6%
Washington 3.07 14 Aaa 2.9%
Massachusetts 3.04 11 Aa1 3.6%
Florida 3.03 10 Aaa 3.9%
California 2.94 1 Aa2 16.6%
Georgia 2.94 0 Aaa 2.4%
New York 2.78 -15 Aa1 16.3%
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Disclosure

Source: Bloomberg. State GO Bond Rating (STGO). Data as of 6/12/2026.

Note: Only the top 10 states based on market cap in the Bloomberg Municipal Bond Index are shown. Excludes AL due to index limitations. Any investments reflected are for illustrative purposes only. Not intended to be reflective of results you can expect to achieve and are not intended to be, nor should they be construed as, a recommendation to buy, sell, or continue to hold any investment. BVAL Muni AAA Yield Curve 10T was used as the benchmark generic 10-year AAA Index.