In the week ended Dec.8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell two basis points to 4.33% from 4.35% in 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 were 10 basis points higher to 3.88% from 3.78% in the prior week. It is at its highest level since Dec. 1, when it was at 4.03%.
The 11-Bond GO Index of higher-grade 20-year GO yields increased nine basis points to 3.42% from 3.33% in the previous week. It is at its highest level in three weeks.
The Bond Buyer's Revenue Bond Index jumped 12 basis points to 3.99% from 3.87% last week. It is at its highest level since Dec. 1, when it was at 4.10%.
The yield on the U.S. Treasury's 10-year note gained 20 basis points to 2.60% from 2.40%, while the yield on the Treasury's 30-year bond was grew six basis points to 3.16% from 3.10% in the prior week.
