The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped three basis points to 4.03% from 4.06% in the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields was unchanged at 3.38% from the previous week. It is at its lowest level since March 3 when it stood at 3.34%.
The 11-Bond GO Index of higher-grade 11-year GO yields was flat at 2.90% from the prior week. It is at its lowest level since five weeks ago when it stood at 2.86%.
The Bond Buyer's Revenue Bond Index fell three basis points to 3.76% from 3.79% last week. It is at its lowest level since Feb. 18 when it was at 3.76%.
The yield on the U.S. Treasury's 10-year note was down 10 basis points to 1.78% from 1.88%, while the yield on the Treasury's 30-year bond was three basis points lower to 2.62% from 2.65% in the previous week.
