The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was three basis points higher to 4.47% for the week ended Sept. 17 from 4.44% in the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields decreased four basis points to 3.78% from 3.82% in the previous week. It is at its lowest level since Aug. 20, when it stood at 3.73%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped four basis points to 3.30% from 3.34% in the prior week. It is at its lowest level in five weeks, when it stood at 3.25%.
The Bond Buyer's Revenue Bond Index fell seven basis points to 4.18% from 4.25% from the week ended Sept. 10. It is at its lowest level since Aug. 20, when it stood at 4.08%.
The yield on the U.S. Treasury's 10-year note was two basis points lower to 2.21% from 2.23%, while the yield on the Treasury's 30-year bond increased four basis points to 3.02% from 2.98% in the previous week.
