Bond Buyer Indexes Weaken in Latest Week

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose three basis points to 3.83% from 3.80% in the previous week.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose two basis points to 2.98% from 2.96% in the prior week. It is at its highest level since June 9 when it stood at 3.03%.

The 11-Bond GO Index of higher-grade 20-year GO yields increased two basis points to 2.56% from 2.54% in the previous week. It is at its highest level since June 16 when it was at 2.59%.

The Bond Buyer's Revenue Bond Index gained five basis points to 3.23% from 3.18% last week. It is at its highest level since June 9 when it was also at 3.23%.

The yield on the U.S. Treasury's 10-year note fell eight basis points to 1.63% from 1.71%, while the yield on the Treasury's 30-year bond decreased 14 basis point to 2.34% from 2.48% in the prior week.

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