The downward slide of municipal prices accelerated yesterday, falling 3/4 point, prompting underwriters to pull $1.4 billion North Carolina Easter Municipal Power Agency revenue bonds from the market.

Supply pressure has steadily pushed yields higher over the last several trading session's and The Bond Buyer's 30-day visible supply jumped to a record $10.86 billion yesterday. That was the third day in a row the visible total has broken records.

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