In the week ended Dec. 24, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 4.22% from 4.24% 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 unchanged from 3.65% in the previous week. It is at its lowest level since April 30, when it stood at 3.62%.
The 11-Bond GO Index of higher-grade 20-year GO yields was steady from 3.08% in the prior week. It is at its lowest level since Jan. 15, when it stood at 3.14%.
The Bond Buyer's Revenue Bond Index was flat from 3.97% in the prior week. It is at its lowest level ever since the index was started in 1979.
The yield on the U.S. Treasury's 10-year note up one basis point to 2.25% from 2.24%, while the yield on the Treasury's 30-year bond was up two basis points at 2.96% from 2.94% in the previous week.
