Bond Buyer Indexes Mostly Weaker

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell two basis points to 3.81% from 3.83% in the previous week.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose eight basis points to 3.06% from 2.98% in the prior week. It is at its highest level since June 2 when it stood at 3.26%.

The 11-Bond GO Index of higher-grade 20-year GO yields increased eight basis points to 2.64% from 2.56% in the previous week. It is at its highest level since June 9 when it was at 2.65%.

The Bond Buyer's Revenue Bond Index rose eight basis points to 3.31% from 3.23% last week. It is at its highest level since June 2 when it was at 3.48%.

The yield on the U.S. Treasury's 10-year note fell seven basis points to 1.56% from 1.63%, while the yield on the Treasury's 30-year bond decreased six basis points to 2.28% from 2.34% in the prior week.

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