In the week ended Sept. 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged from 3.98% 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 seven basis points to 3.56% from 3.49% the prior week. It is at its highest level since Aug. 17, when it was at 3.57%.
The 11-Bond GO Index of higher-grade 11-year GO was seven basis points higher to 3.07% from 3.00% the previous week. It is at its highest level in five weeks.
The Bond Buyer's Revenue Bond Index was up seven basis points to 3.77% from 3.70% last week. It is at its highest level since Aug. 17 when it was at 3.78%.
The yield on the U.S. Treasury's 10-year note increased 15 basis points to 2.20% from 2.15% last week, while the yield on the Treasury's 30-year was seven basis point higher to 2.78% from 2.67% in the prior week.
