In the week ended Aug. 17, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was steady at 4.01% from 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 rose five basis points to 3.57% from 3.52% the prior week. It is at its highest level since July 13, when it was at 3.61%.
The 11-Bond GO Index of higher-grade 11-year GO was five basis points higher to 3.08% from 3.03% the previous week. It is at its highest level since six weeks ago, when it was at 3.12%.
The Bond Buyer's Revenue Bond Index was up five basis points to 3.78% from 3.73% last week. It is at its highest level since June 1, when it was at 3.79%.
The yield on the U.S. Treasury's 10-year note was one basis point lower to 2.20% from 2.21%, while the yield on the Treasury's 30-year was unchanged from 2.78% in the prior week.
