Bond Buyer Indexes Narrowly Mixed

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased one basis point to 3.79% from 3.80% in the previous week.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation was unchanged at 2.85% from the prior week. It is at its lowest level in four weeks, when it was at 2.80%.

The 11-Bond GO Index of higher-grade 20-year GO yields was flat at 2.43% from the previous week. It is at its lowest level since July 14 when it was at 2.39%.

The Bond Buyer's Revenue Bond Index was unchanged from 3.06% last week. It is at its highest level since June 23 when it was at 3.08%.

The yield on the U.S. Treasury's 10-year note was one basis point lower to 1.50% from 1.51%, while the yield on the Treasury's 30-year increased three basis points to 2.26% from 2.23% last week.

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