The weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell 10 basis points to 3.81% in the week ended Jan. 4, from 3.81% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields was unchanged from 3.44% the previous week. It remains at its lowest level since Dec. 14 when it was at 3.41%.
The 11-Bond GO Index of higher-grade 11-year GO was unchanged at 2.94% from the prior week. It stays at its lowest level in three weeks when it was at 2.91%.
The Bond Buyer's Revenue Bond Index was flat at 3.92% from last week. It stays at its lowest level since Dec. 14 when it was at 3.89%.
The yield on the U.S. Treasury's 10-year note increased to 2.46% from 2.43% in the previous week, while the yield on the Treasury's 30-year gained to 2.79% from 2.77% in the prior week.
