Most of The Bond Buyer's weekly yield indexes rose during this holiday-shortened week, as the market carried a weaker tone, with yields either remaining flat or slightly increasing in each session.

Howard Mackey, president of the broker-dealer business unit of Rice Financial Products, said that the market has "seen some of the retail over the past couple of weeks slow down a bit, because spreads against Treasuries have contracted a bit, so while there still is value, it is not as great as it was the past few weeks."

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