On the heels of the minor weakness that crept into both the short and long ends of the municipal market late last week and the glut of new supply that investors digested, this week's primary market again calls for a generous slate of new issues that will continue to test buyers' appetites.

The municipal market Friday began to improve, remaining flat to two basis points firmer on the long-end after a recently unattractive ratio of municipals to Treasuries contributed to yields rising between one and eight basis points on Thursday. The generic triple-A general obligation scale in 2039 ended at 4.73% at the close of trading on Friday, according to Municipal Market Data.

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