The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased five basis points to 4.20% from 4.25% for the week ended March 19.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation was unchanged at 3.52% from the previous week. It is at its lowest level since Feb. 5, when it stood at 3.49%.
The 11-Bond GO Index of higher-grade 20-year GO yields was also unchanged for the week ended March 19 at 3.37%. It is at its lowest level since Feb. 5 too, when it stood at 3.34%.
The Bond Buyer's Revenue Bond Index was two basis points lower to 4.17% from 4.19% the previous week. It is at its lowest in six weeks when it stood at 4.16%.
The yield on the U.S. Treasury's 10-year note rose three basis points to 2.01% from 1.98%, while the yield on the Treasury's 30-year bond climbed six basis points to 2.60% from 2.54% in the week prior.
