BB indexes all weaken by 2 basis points

In the week ended September 6, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.03% from 4.01% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

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The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields climbed two basis points to 3.98% from 3.96% the previous week. It is at its highest level since Aug. 9, when it was at 3.98%.

The 11-bond GO Index of higher-grade 11-year GOs increased two basis points to 3.45% from 3.43% the previous week. It is at its highest level in four weeks.

The Bond Buyer's Revenue Bond Index climbed two basis points to 4.49% from 4.47% last week. It is at its highest level since Aug. 9, when it was at 4.48%.

The yield on the U.S. Treasury's 10-year note was higher to 2.89% from 2.86%, while the yield on the 30-year Treasury climbed to 3.06% from 3.01%.

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