The municipal market was mostly flat Wednesday as nearly $800 million of debt from Washington led the way in a lightly traded, primary-driven session.

“There were the few new issues that people were paying attention to, but interest in the secondary, particularly from institutions, was pretty light,” a trader in New York said. “I’d say we’re fairly flat overall. I didn’t really see anything out there that would compel me to say the scale should be moved in either direction.”

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