States’ financial troubles do not pose a systemic risk to the municipal bond market and total issuance should be about the same in 2010 as last year, according to economists surveyed by the Regional Bond Dealers Association for its first semiannual economic forecast. However, they warned that states’ steep spending cuts pose a significant negative threat to the national economy.

The RBDA partnered with Moody’s to conduct the survey in mid-February, officials with the dealer group said during a press conference ­yesterday.

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