Minnesota
Weaker USTs, large new issues put pressure on triple-A curves
J.P. Morgan held a one-day retail order for $1.65 billion of revenue bonds from the Dormitory Authority of the State of New York, while Minnesota sold $1.02 billion of GOs in the competitive market in five deals.
Read MoreMunis weaken ahead of nearly $9B new-issue calendar
For the coming week, investors will be greeted with a larger new-issue calendar led by large New York and Texas ISD issuers, along with gilt-edged Minnesota selling competitively.
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