The Bond Buyer’s weekly yield indexes rose this week, as tax-exempt bond prices fell for most of the period despite a mild recovery in tone over the past two sessions.

“We have had a fairly precipitous weakening and a deterioration over the past week,” said Howard Mackey, president of the broker-dealer division of Rice Financial Products. “It started towards the latter part of the last week and we had a couple of fairly big down days and kind of continued to drift during this week.”

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