The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped nine basis points the week ending October 16 to 4.28%.
The 20-Bond GO Index of 20-year general obligation yields fell 14 basis points to 4.87%, the second week in a row it's fallen.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped 14 basis points to 3.72%, the second decline in a row.
The Bond Buyer's 25-bond Revenue Bond Index declined 19 basis points to 4.46%, dropping for a fourth week in a row.
The yield on the U.S. Treasury's 10-year note fell 17 basis points to 2.16%, the fourth straight decline.
The yield on the Treasury's 30-year bond fell 13 basis points to 2.94%, also the fourth drop in a row.
