In the week ended Jan. 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell three basis points to 4.15% from 4.18% 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 3.45% in the previous week. It is at its lowest level since April 16, 2015, when it stood at 3.45%.
The 11-Bond GO Index of higher-grade 20-year GO yields was steady from 2.96% in the prior week. It is at its lowest level since March 21, 1963, when it stood at 2.96%.
The Bond Buyer's Revenue Bond Index yield was up one basis point to 3.79% from 3.78% in the prior 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 was down five basis points to 2.10% from 2.15%, while the yield on the Treasury's 30-year bond was off four basis points to 2.89% from 2.93% in the previous week.
