The Bond Buyer’s weekly yield indexes declined this week as the municipal market grew firmer, though it lagged a more substantial rally in the Treasury market.

“The obvious factor influencing the market is the financial situation overseas, particularly in Europe. You are going to have a continued pressure on the euro, which obviously will have an effect on the dollar and on the stock market here,” said Howard Mackey, president of the broker-dealer division of Rice Financial Products.

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