In the week ended Oct. 29, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index remained flat at 4.34% from 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 lost one basis point to 3.66% from 3.67% in the previous week. It is at its lowest level since April 30, when it stood at 3.62%.
The 11-Bond GO Index of higher-grade 20-year GO yields remained flat at 3.18% from the prior week. It is at its lowest level since Jan. 15, when it stood at 3.14%.
The Bond Buyer's Revenue Bond Index also remained steady at 4.05% from the previous week. It stands at its lowest level ever, since calculations began on Sept. 20, 1979.
The yield on the U.S. Treasury's 10-year note was up 14 basis points to 2.18% from 2.04%, while the yield on the Treasury's 30-year bond was nine basis points higher to 2.96% from 2.87% the week ended Oct. 22.
