The municipal bond market ended Monday on a quiet note with yields steady as traders waited for a large amount of supply to hit the market later in the week.

While this week’s $9 billion in issuance is much larger than last week’s $4 billion, traders said there is ample cash on the sidelines to absorb it.

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.