Municipal prices rose 1/4 point yesterday as market players moved briskly through supply that had been pushing prices lower over the last two weeks.

Prices had sagged under the weight of yearend supply last week, but The Bond Buyer's 30-day visible supply fell to $1.4 billion yesterday, down from levels that averaged $5 billion for several weeks.

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.