The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, nudged up to 3.88% from 3.87% the week before.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields jumped nine basis points to 3.88% from 3.79% the week before. It is at its highest level since March 21, when it was at 3.92%.
The 11-bond GO Index of higher-grade 11-year GOs increased nine basis points to 3.39% from 3.30% in the previous week. It is at its highest level since March 21, when it was at 3.43%.
The Bond Buyer's Revenue Bond Index was nine basis points higher to 4.35% from 4.26% the week before. It is at its highest level in two weeks, when it was at 4.39%.
The yield on the U.S. Treasury's 10-year note swelled to 2.51% from 2.40%, while the yield on the 30-year Treasury ballooned to 2.92% from 2.81%.
