The municipal market faces a calendar of $4.59 billion of new debt this week, smaller but still sizable, after devouring the $6.5 billion California general obligation sale last week with only a slight uptick in yields, according to data from Thomson Reuters.

Yields on the long end were down one basis point on triple-A bonds and up three basis points for A-rated GOs over the last week, according to Municipal Market Data.

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