The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased three basis points to 4.25% from 4.28% from the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields were unchanged at 3.78% from the prior week. It is at its lowest level since Dec. 8, when it was at 3.78%.
The 11-Bond GO Index of higher-grade 20-year GO yields were flat at 3.31% from the previous week. It is at its lowest level since Nov. 1, when it was at 3.30%.
The Bond Buyer's Revenue Bond Index was steady at 3.90% from last week. It is at its lowest level since Dec. 8, when it was at 3.87%.
The yield on the U.S. Treasury's 10-year note was 11 basis points lower to 2.37% from 2.48%, while the yield on the Treasury's 30-year bond decreased 12 basis points to 2.96% from 3.08% in the prior week.
