Municipal bond yields were mostly steady Thursday despite volatile equity and Treasury markets, which were on high alert following reports of another possible tsunami in Japan.

“They gave up a little bit, one or two basis points, for bonds 15 years and out,” said a trader in New York. “There was no change through 15 years.”

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.