The municipal market was weaker yesterday, following Treasuries, which fell due to increased supply from a $36 billion auction of two-year notes and stock market gains on news of Citigroup's planned $20 billion bailout.

Traders said tax-exempt yields were higher by three or four basis points.

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.