Municipal prices stabilized yesterday as a volatile week neared its close, but neither bear nor bull emerged as a victor and near-term price prospects remained uncertain.

Municipal bonds marked time in light trading yesterday after two rocky sessions. The market had been marred by price drops when the government long bond moved through 7% and $3 billion of new deals hit the market earlier in the week.

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.