The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, declined one basis point to 4.25% from 4.26% for the week ended Feb. 19.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation remained steady at 3.62% from the previous week. It is at its highest level since Dec. 24, 2014, when it was 3.65%.
The 11-Bond GO Index of higher-grade 20-year GO yields remained flat at 3.47% from the week ended Feb. 19. It is at its highest level in seven weeks.
The Bond Buyer's Revenue Bond Index was unchanged at 4.28% from the previous week. It is at its highest level since Dec. 31, 2014, when it was 4.39%.
The yield on the U.S. Treasury's 10-year note dropped 8 basis points to 2.03% from 2.11%, while the yield on the Treasury's 30-year bond decreased 10 basis points to 2.63% from 2.73% in the previous week.
