Underwriters lowered yields as much as 10 basis points on $248 million Triborough Bridge and Tunnel Authority refunding bonds yesterday, reporting the issue oversubscribed, while secondary prices meandered in a tight range.

A group led by Bear, Stearns & Co. tentatively priced and repriced the Tribes to lower yields five to 10 basis points in the serial portion of the loan. Term bond yields were lowered two to five basis points.

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