The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, declined one basis point this week, to 4.05% for the week ending April 25, 2013. It is the lowest weekly average for the yield to maturity since the week ended March 7, 2013 (seven weeks ago), when it was also 4.05%.
The 20-Bond GO Index of 20-year general obligation yields increased one basis point this week, to 3.90%.But it remained below its 3.93% level from two weeks ago.
The 11-Bond GO Index of higher-grade 20-year GO yields also rose one basis point this week, to 3.67%, but remained below its 3.70% level from two weeks ago.
The Bond Buyer’s Revenue Bond Index, which measures 30-year revenue bond yields, gained one basis point this week, to 4.29%. But it still fell below its 4.30% level from two weeks ago.
The yield on the U.S. Treasury’s 10-year note increased three basis points this week, to 1.72%, but remained below its 1.80% level from two weeks ago.
The yield on the Treasury’s 30-year bond rose four basis points this week, to 2.91%. But it is still below its 3.00% level from two weeks ago.
