In the week ended Oct. 20, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose two basis points to 3.94% from 3.92% 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 3.28% in the prior week. It is at its highest level since May 12 when it stood at 3.32%.
The 11-Bond GO Index of higher-grade 20-year GO yields was flat from 2.86% in the previous week. It is at its highest level since in 29 weeks.
The Bond Buyer's Revenue Bond Index fell two basis points to 3.51% from 3.53% last week. It is at its lowest level since Oct. 6 when it stood at 3.38%.
The yield on the U.S. Treasury's 10-year note was unchanged from 1.75%, while the yield on the Treasury's 30-year bond was two basis points higher to 2.50% from 2.48% in the prior week.
