In the week ended August 30, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged from 4.01% 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 two basis points to 3.946% from 3.94% the previous week. It is at its highest level since Aug. 9, when it was at 3.98%.
The 11-bond GO Index of higher-grade 11-year GOs inched up by one basis point to 3.43% from 3.42% the previous week. It is at its highest level in three weeks, when it was at 3.46%.
The Bond Buyer's Revenue Bond Index increased three basis points to 4.47% from 4.44% last week. It is at its highest level since Aug. 9, when it was at 4.48%.
The yield on the U.S. Treasury's 10-year note was higher to 2.86% from 2.82%, while the yield on the 30-year Treasury climbed to 3.01% from 2.87%.
