For the week ended June 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased five basis points to 4.47% from 4.42% from the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation rose six basis points higher to 3.87% from 3.81% for the week ended June 4. It is at its highest level since Nov. 25, when it stood at 3.94%.
The 11-Bond GO Index of higher-grade 20-year GO yields fell 20 basis points to 3.46% from 3.66% from the prior week. It is at its lowest level in nine weeks.
The Bond Buyer's Revenue Bond Index plummeted 27 basis points to 4.28%, from 4.55% from the week ended June 4. It is at its lowest level since April 23, when it stood at 4.22%.
The yield on the U.S. Treasury's 10-year note climbed eight basis points to 2.39% from 2.31%, while the yield on the Treasury's 30-year bond was up eight basis points to 3.11% from 3.03% the week beforehand.
