In the week ended Jan. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.84% from 3.81% 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 10 basis points higher to 3.54% from 3.44% the previous week. It is at its highest level since Dec. 21 when it was at 3.56%.
The 11-Bond GO Index of higher-grade 11-year GO rose 10 basis points to 3.04% from2.94% the prior week. It is at its highest level since it was at 3.06% four weeks ago.
The Bond Buyer's Revenue Bond Index jumped 11 basis points to 4.03% from 3.92% last week. It is at its highest level since Dec. 21, when it was at 4.04%.
The yield on the U.S. Treasury's 10-year note increased to 2.54% from 2.46% in the previous week, while the yield on the Treasury's 30-year gained to 2.87% from 2.79% in the prior week.
