Municipal prices ended last week on a firm note, but traders said Friday was one of the quietest trading days of the year.

As the summertime approaches, municipal participants said the tone of the market, the low rate of inflation, and the looming Clinton budget has increased the demand for bonds.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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