Municipal prices stabilized yesterday, after falling on last week's jobs data, while market players wait for Friday's producer price index data.

Friday, the June unemployment rate rose 0.1-point, to 7%, and non-farm payrolls fell 50,000, much more than expected, and tax-exempt prices fell 3/8 to 1/2 point. The Treasury sector continued to slide yesterday, but municipals held in with prices ending narrowly mixed on the day.

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.