The municipal market was weaker yesterday, following Treasuries, which sold off after the Federal Reserve announced a plan to loan dealers up to $200 billion in Treasury securities to help ease the credit crisis.

Traders said tax-exempt yields were higher by five to seven basis points.

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.