Municipal prices fell 1/4 to 3/8 point Friday and the market braced for $7.4 billion in new supply this week as the year-end rush on the primary sector commences.

The Bond Buyer's 30-day visible supply jumped $4.4 billion to $8.06 billion on Friday, the second highest level since $8.09 billion, posted Nov. 8, 1986.

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