The municipal bond market posted  gains Friday for the first time in a week, edging higher after worse-than-expected employment data pushed investors into safe-haven assets.

Municipal bond yields fell as much as three basis points, following Treasuries, though a building new-issue calendar in September made buyers cautious about how long the rally could last. In the coming week, supply is expected to tick up to $5.9 billion, from $1.4 billion in the past week.

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