Municipal prices fell 1/4 to 1/2 point Friday as supply weighed on prices, and market players expect new issuance to continue to hold tax-exempts at bay.

The tax-exempt market suffered losses all last week as a flood of bonds descended upon traders already suffering from the consequences of a severe price correction the previous 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.