The municipal market remained unchanged yesterday as participants eased their way back from the three-day holiday weekend."It's going to take a while for people to get back into the swing of things, and we're pretty quiet and pretty flat right now," a trader in New York said. "This is pretty much par for the course coming back from a long weekend, so nothing unusual. But it's pretty quiet today, and I'd expect it to remain fairly quiet until at least the middle of the week, maybe even next week."
"There's not a whole lot going on," a trader in Los Angeles said. "It's pretty quiet, fairly unchanged. There's not a lot of business getting done, unless people have paper they really want to move for whatever reason."