In the week ended Oct. 6, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose four basis points to 3.85% from 3.81% 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 gained 14 basis points to 3.20% from 3.06% in the prior week. It is at its highest level since June 2 when it stood at 3.26%.
The 11-Bond GO Index of higher-grade 20-year GO yields increased 14 basis points to 2.78% from 2.64% in the previous week. It is at its highest level in 19 weeks.
The Bond Buyer's Revenue Bond Index jumped seven basis points to 3.38% from 3.31% last week. It is at its highest level since June 2 when it was at 3.48%.
The yield on the U.S. Treasury's 10-year note increased 19 basis points to 1.75% from 1.56%, while the yield on the Treasury's 30-year bond leapt 18 basis points to 2.46% from 2.28% in the prior week.
