Volume in the new-issue market this week will slow to $5.54 billion, down from the robust pace of last week when municipals weakened under heavy supply.

Detroit’s bankruptcy filing on Thursday, had been priced into the market, so it alone isn’t expected to hamper the pricing of this week’s $5.54 billion of volume predicted by Ipreo LLC and The Bond Buyer, according to municipal experts. On Friday, weakness from the glut of recent supply and other market technicals caused the generic, triple-A GO scale in 2043 to end at 4.14%, up 11 basis points from the previous day, according to Municipal Market Data.

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