The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased one basis point to 3.74% from 3.75% in the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation was unchanged at 2.84% from the prior week. It is at its lowest level in eight weeks, when it was at 2.80%.
The 11-Bond GO Index of higher-grade 20-year GO yields was flat at 2.42% from the previous week. It is at its lowest level since July 14 when it was at 2.39%.
The Bond Buyer's Revenue Bond Index was unchanged from 3.06% last week. It is at its highest level since June 23 when it was at 3.08%.
The yield on the U.S. Treasury's 10-year note was one basis point lower to 1.57% from 1.58%, while the yield on the Treasury's 30-year decreased three basis points to 2.24% from 2.27% last week.
