Bond Buyer Indexes Climb in Latest Week

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose two basis points to 3.96% from 3.94% in the previous week.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose four basis points to 3.32% from 3.28% in the prior week. It is at its highest level since March 31 when it stood at 3.38%.

The 11-Bond GO Index of higher-grade 20-year GO yields increased four basis points to 2.84% from 2.80% in the previous week. It is at its highest level since March 31 when it was at 2.90%.

The Bond Buyer's Revenue Bond Index rose three basis points to 3.71% from 3.68% last week. It is at its highest level since March 31 when it was at 3.76%.

The yield on the U.S. Treasury's 10-year note fell eight basis points to 1.83% from 1.87%, while the yield on the Treasury's 30-year bond decreased one basis point to 2.68% from 2.69% in the prior week.

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