In the week ended Nov. 17, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose 22 basis points to 4.19% from 3.97% 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 was 23 basis points higher to 3.75% from 3.52% in the prior week. It is at its highest level since Sept. 17, 2015 when it was at 3.78%.
The 11-Bond GO Index of higher-grade 20-year GO yields increased 20 basis points to 3.30% from 3.10% in the previous week. It is at its highest level since Sept. 17, 2015 when it was at 3.30%.
The Bond Buyer's Revenue Bond Index rose 18 basis points to 3.87% from 3.69% last week. It is at its highest level since Dec. 30, 2015 when it was at 3.93%.
The yield on the U.S. Treasury's 10-year note rose 14 basis points to 2.29% from 2.15%, while the yield on the Treasury's 30-year bond increased six basis points to 3.01% from 2.95% in the prior week.
