Corrections
An article by Bloomberg Business News in Business Day yesterday about trading in the credit markets on Thursday included two municipal bond deals erroneously. The offerings, by the New York City Municipal Water Finance Authority and by the Clark County, Nev., school district, occurred in May, not on Thursday.
The article also misstated the volume of municipal offerings on Thursday. It  was $584 million, not $1.25 billion.
The article also included outdated comments from Paul Hylle, a portfolio manager for the American Express Financial Corporation. He was quoted on the municipal bond market in early May, not on Thursday's trading.