In the week ended Aug. 27, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged from 4.40% 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 rose six basis points to 3.79% from 3.73% in the previous week. It is at its highest level since July 16, when it stood at 3.82%.
The 11-Bond GO Index of higher-grade 20-year GO yields gained six basis points, to 3.31% from 3.25% in the prior week. It is at its highest level in seven weeks.
The Bond Buyer's Revenue Bond Index climbed 12 basis points to 4.20% from 4.08% from the week ended Aug. 20. It is at its highest level since July 16, when it stood at 4.23%.
The yield on the U.S. Treasury's 10-year note jumped up 10 basis points to 2.19% from 2.09%, while the yield on the Treasury's 30-year bond increased 17 basis points to 2.93% from 2.76% in the previous week.
