The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased two basis points to 4.42% for the week ended Sept. 3 from 4.40% in the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose three basis points to 3.82% from 3.79% in the previous week. It is at its highest level since July 16, when it stood at 3.82%.
The 11-Bond GO Index of higher-grade 20-year GO yields gained three basis points, to 3.34% from 3.31% in the prior week. It is at its highest level in eight weeks.
The Bond Buyer's Revenue Bond Index climbed five basis points to 4.25% from 4.20% from the week ended Aug. 27. It is at its highest level since June 25, when it stood at 4.27%.
The yield on the U.S. Treasury's 10-year note dropped two basis points to 2.17% from 2.19%, while the yield on the Treasury's 30-year bond increased two basis points to 2.95% from 2.93% in the previous week.
