The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased four basis points to 4.31% from 4.27% for the week ended March 5.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation fell six basis points to 3.62% from 3.68% from the previous week. It stood at 3.62% exactly two weeks ago as well.
The 11-Bond GO Index of higher-grade 20-year GO yields declined 6 basis points to 3.47% from 3.53% the week ended March 5. It is at its lowest level since it stood at 3.47% on Feb. 26 and 19.
The Bond Buyer's Revenue Bond Index was one basis point lower to 4.31% from 4.32% the previous week. It is at its lowest level since Feb. 26 when it was 4.28%.
The yield on the U.S. Treasury's 10-year note jumped dropped one basis point to 2.10% from 2.11%, while the yield on the Treasury's 30-year bond decreased four basis points to 2.68% from 2.72% in the week prior.
