The municipal market stayed steady Tuesday as traders prepared for the week’s biggest deals, set to price Wednesday and Thursday, and shrugged off a federal judge’s decision to grant Detroit bankruptcy protection.

“It’s quiet but it’s firm,” a California-based trader said in an interview. “The long end of the curve is getting attention because it’s sort of thin there,” he said, referring to the lack of supply of bonds with the longest maturities. “The front end almost seems to be cash equivalent, with plenty of demand for higher quality paper through ten years.”

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