The municipal market was slightly firmer yesterday amid light to moderate activity in the secondary.

“We’re seeing some mild gains,” a trader in New York said. “We’re probably better a basis point or two right now. But it’s fairly quiet. There isn’t a whole lot trading just yet.”

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.