For the week ended Jan. 29, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped one basis point to 4.12% from 4.13%.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields was unchanged at 3.36% from the previous week. It is at its highest level in three weeks when it was 3.42%.
The 11-Bond GO Index of higher-grade 20-year GO yields was also unchanged from the week ended Jan. 22 at 3.21%. It is at its highest level since Jan. 8, when it stood at 3.27%.
The Bond Buyer's Revenue Bond Index decreased two basis points to 4.06% from 4.08% in the previous week. It is at its lowest level in two weeks when it was also at 4.06%.
The yield on the U.S. Treasury's 10-year note dipped 12 basis points to 1.77% from 1.89%, while the yield on the Treasury's 30-year bond dropped 13 basis points to 2.33% from 2.46% in the week prior.
