The municipal market was unchanged to slightly firmer yesterday in light trading, underperforming Treasuries.

"Today, we've recouped whatever we may have lost on Friday," a trader in Chicago said. "We're definitely feeling better now, but you can't get too excited 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.