Inflationary fears and light supply kept municipal prices in a tight range and left The Bond Buyer's yield indexes virtually unchanged from a week ago.

The average yield to maturity of the 40 bonds used to calculate the daily Municipal Bond Index slipped one basis point, to 5.71% from 5.72% on July 1. It was the lowest yield to maturity for the index's bonds since The Bond Buyer began calculating it in January 1985.

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