Municipal bond prices sledded downhill last week, pushing yields on The Bond Buyer's indexes moderately higher, as issuers blanketed the market with new bonds but found few takers.

The 20-bond index of general obligation yields rose three basis points, to 5.36% from 5.33% last week, while the 11-bond index of general obligations also gained three basis points, to 5.26% from 5.23%.

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