The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was three basis points higher to 4.40% for the week ended Aug. 20 from 4.37% in the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose four basis points to 3.73% from 3.69% in the previous week. It is at its highest level since Aug. 6 when it stood at 3.75%.
The 11-Bond GO Index of higher-grade 20-year GO yields also gained four basis points, to 3.25% from 3.21% in the prior week. It is at its highest level in two weeks, when it stood at 3.27%.
The Bond Buyer's Revenue Bond Index inclined two basis points to 4.08% from 4.06% from the week ended Aug. 13. It is at its highest level since Aug. 6, when it stood at 4.11%.
The yield on the U.S. Treasury's 10-year note dropped 10 basis points to 2.09% from 2.19%, while the yield on the Treasury's 30-year bond also fell 10 basis points to 2.76% from 2.86% in the previous week.
