In the week ended June 22, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged from 4.04% 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 was flat for the second week in a row at 3.53% from the prior week. It is at its lowest level since Nov. 3 when it was at 3.27%.
The 11-Bond GO Index of higher-grade 20-year GO was steady for the second week in a row at 3.04% the previous week. It is at its lowest level in 32 weeks when it was at 2.85%.
The Bond Buyer's Revenue Bond Index was unchanged for the second week in a row from 3.70% last week. It is at its lowest level since Nov. 10 when it was at 3.69%.
The yield on the U.S. Treasury's 10-year note was one basis point lower to 2.15% from 2.16%, while the yield on the Treasury's 30-year bond decreased seven basis points to 2.72% from 2.79% in the prior week.
