For the week ended August 6, 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 4.39%, from 4.40% the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation was unchanged at 3.75% from the week ended July 30. It is at its lowest level since May 28, when it stood at 3.73%.
The 11-Bond GO Index of higher-grade 20-year GO yields was flat at 3.27% from the prior week. It is at its lowest level since Jan. 29, when it stood at 3.21%.
The Bond Buyer's Revenue Bond Index dropped two basis points to 4.11%, from 4.13% from the week ended July 30. It is at its lowest level in 26 weeks, when it stood at 4.06%.
The yield on the U.S. Treasury's 10-year note was four basis points lower at 2.23% from 2.27%, while the yield on the Treasury's 30-year bond was down six basis points to 2.90% from 2.96% the week beforehand.
