The municipal market ended a volatile year with a firm tone yesterday as modest declines in the The Bond Buyer's weekly indexes reflected the sixth consecutive week of decreases in bond yields.

The 20-bond index of general obligation yields dropped three basis points, to 6.71% yesterday from 6.74% last Thursday. The 11-bond GO index was also down three basis points, to 6.62% from 6.65% a week ago.

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