The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased one basis point to 4.42% for the week ended June 4 from 4.43% in the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation was eight basis points higher to 3.81% from 3.73% for the week ended May 28. It is at its highest level since May 21, when it stood at 3.81%.
The 11-Bond GO Index of higher-grade 20-year GO yields rose eight basis points to 3.66% from 3.58% from the prior week. It is at its highest level in three weeks when it stood at 3.66%.
The Bond Buyer's Revenue Bond Index yield gained seven basis points to 4.55%, from 4.48% from the week ended May 28. It is at its highest level since May 21, when it stood at 4.56%.
The yield on the U.S. Treasury's 10-year note improved 17 basis points to 2.31% from 2.14%, while the yield on the Treasury's 30-year bond was up 14 basis points to 3.03% from 2.89% the week beforehand.
