Eliot Spitzer’s announced candidacy for New York City comptroller may not affect the bond market or city pricing, muni observers say, but the former governor’s re-entry into politics will spice up what normally is a dormant race for an office that oversees the city’s bond program and pension funds.

Spitzer, the former self-proclaimed “sheriff of Wall Street” who resigned as New York governor in 2008 after a prostitution scandal, confirmed his candidacy over the weekend.

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