After a brief bounce in volume last week, the municipal market could be lulled back into its recent slumber as only $1.93 billion is expected to be priced in the primary this week, according to Ipreo LLC and The Bond Buyer.

If actual volume doesn’t sway too much from the estimate, supply could drop to one of the lowest levels of the year — somewhere between the $2.71 billion that was priced the week of Feb. 7 and the less than $400 million that crawled into the post-holiday market the week of Jan. 3.

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