The municipal market was unchanged Wednesday amid fairly light secondary trading activity ahead of Thursday's Thanksgiving Day holiday.

"There is light trading out there and not a lot of movement," a trader in New York said. "We're just pretty flat at this point, as expected. People are just looking towards the holiday."

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.