Muni Bond Indexes Are Unchanged

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, stayed the same at 4.37% from the week ended Oct. 8.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields was unchanged from 3.68% in the previous week. It is at its highest level since Sept. 24, when it stood at 3.71%.

The 11-Bond GO Index of higher-grade 20-year GO yields was flat at 3.19% from the prior week. It is at its lowest level since Jan. 19, when it stood at 3.14%.

The Bond Buyer's Revenue Bond Index was steady at 4.07% from the week ended Oct. 8. It is at its highest level in two weeks, when it stood also stood at 4.10%.

The yield on the U.S. Treasury's 10-year note was eight basis points lower to 2.03% from 2.11%, while the yield on the Treasury's 30-year bond decreased eight basis points to 2.87% from 2.95% in the previous week.

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