In the week ended Sept. 10, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was up two basis points to 4.44% from 4.42% 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 3.82% 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 was flat from 3.34% in the prior week. It is at its highest level in nine weeks.
The Bond Buyer's Revenue Bond Index was still 4.25%, the same as the week ended Sept. 3. It is at its highest level since June 25, when it stood at 4.27%.
The yield on the U.S. Treasury's 10-year note was six basis points higher to 2.23% from 2.17%, while the yield on the Treasury's 30-year bond increased three basis points to 2.98% from 2.95% in the previous week.
