In the week ended Nov. 3, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell one basis point to 3.94% from 3.95% 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 fell five basis points to 3.27% from 3.32% in the prior week. It is at its lowest level since Oct. 6, when it also stood at 3.20%.
The 11-Bond GO Index of higher-grade 20-year GO yields decreased five basis points to 2.85% from 2.90% in the previous week. It is at its lowest since four weeks ago, when it was at 2.78%.
The Bond Buyer's Revenue Bond Index dropped nine basis points to 3.44% from 3.53% last week. It is at its lowest level since Oct. 6, when it was at 3.38%.
The yield on the U.S. Treasury's 10-year note dipped three basis points to 1.81% from 1.84%, while the yield on the Treasury's 30-year bond was unchanged at 2.60% from the previous week.
