In the week ended Feb. 18, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose three basis points to 4.04% from 4.01% 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 3.27% in the previous week. It is at its lowest level since Dec. 6, 2012, when it stood at 3.27%.
The 11-Bond GO Index of higher-grade 20-year GO yields was steady from 2.79% in the prior week. It is at its lowest level since April 24, 1958, when it stood at 2.77%.
The Bond Buyer's Revenue Bond Index was flat from 3.76% in the prior week. It is at its lowest level since Jan. 21 when it was also 3.76%.
The yield on the U.S. Treasury's 10-year note was up 11 basis points to 1.75% from 1.64%, while the yield on the Treasury's 30-year bond was up 13 basis points to 2.62% from 2.49% in the previous week.
