The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell three basis points to 4.27% in the week ended Dec. 3 from 4.30% in the prior week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields fell six basis points to 3.57% from 3.63% in the previous week. It is at its lowest level since April 16, when it stood at 3.45%.
The 11-Bond GO Index of higher-grade 20-year GO yields declined six basis points to 3.08% from 3.14% in the prior week. It is at its lowest level since Dec. 6, 2012, when it also stood at 3.03%.
The Bond Buyer's Revenue Bond Index dropped seven basis points to 3.98% from 4.05% in the previous week, which sets a new low since calculations began on Sept. 20, 1979.
The yield on the U.S. Treasury's 10-year note rose nine basis points to 2.33% from 2.24%, while the yield on the Treasury's 30-year bond was up seven basis points at 3.07% from 3.00% in the previous week.
