An unexpected billion dollar boost in supply kept a lid on municipal prices this week, and yields on The Bond Buyer's weekly indexes were little changed from a week ago.

However, a sudden erosion in the customer base sent a shudder through the market yesterday afternoon, causing prices to tumble.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.