New York State issuers marched unscathed through the primary sector yesterday despite credit concerns, while technical pressure pushed secondary prices down 1/8 to 1/4 point.

New York State's announcement two weeks ago that it faced a more dire budget deficit than expected hurt the standing of the state's appropriation bonds, including those of the Metropolitan Transit Authority. As a result, market players speculated last week, the state's $1 billion in deals could face difficulties this week.

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