The municipal market was unchanged to slightly weaker yesterday.

"We're seeing weakness in spots, but there's not a whole lot going on," a trader in New York said. "I'd say, with longer-term paper, you might see bonds weaker a basis point or two. But inside of 15 or 20 years, it's probably unchanged."

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.