In the week ended Jan.26, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose seven basis points to 4.26% from 4.19% 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 jumped four basis points to 3.87% from 3.83% from the prior week. It is at its highest level since Dec. 15, 2016, when it was at 3.88%.
The 11-Bond GO Index of higher-grade 20-year GO yields were two basis points higher to 3.37% from 3.35% from the previous week. It is at its highest level in seven weeks.
The Bond Buyer's Revenue Bond Index grew six basis points to 4.02% from 3.96% from last week. It is at its highest level since Dec. 01, 2016, when it was at 4.10%.
The yield on the U.S. Treasury's 10-year note was three basis points higher to 2.50% from 2.47%, while the yield on the Treasury's 30-year bond increased five basis points to 3.09% from 3.04% the prior week.
