Prices of most tax-exempt issues improved by about half a point.
Prices of most tax-exempt issues were unchanged to a 1/8 point higher.
So far this week, roughly $4 billion of new tax-exempt issues have been priced.
Prices of most corporate and tax-exempt issues were unchanged on the day.
Outside the Treasury market, prices of many outstanding corporate and tax-exempt issues rose by 1/2 point or more.
The maximum yield on the tax-exempt issue is 7.20 percent for bonds due in 2009.
The prices of most widely quoted tax-exempt issues were unchanged on the day.
Between $8 billion and $8.5 billion worth of new tax-exempt issues are expected to be priced this week.
Municipal bond traders said that prices of most tax-exempt issues rose by a similar amount.
Analysts said the rise in yields was connected to the heavy supply of new tax-exempt issues.
