The municipal market was mostly unchanged yesterday, with a slightly firmer tone amid fairly light secondary trading.

“It’s fairly quiet,” a trader in New York said. “I’m not seeing a whole lot of trading going on, and I’m not really seeing any movement in either direction at this point. We’re pretty flat and pretty quiet right now.”

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.