Bond Buyer Indexes Strengthen For a Second Week

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was down three basis points from last week at 4.45% for the week ending Aug. 21.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields fell three basis points to 4.21%, the lowest since June 6, 2013.

The 11-Bond GO Index of higher-grade 20-year GO yields fell three basis points to 3.94%, the lowest since June 13, 2013.

The Bond Buyer's Revenue Bond Index, which measures 25-year revenue bond yields, lost one basis point to 4.85%, the lowest since June 19.

The yield on the U.S. Treasury's 10-year note was unchanged at 2.41%, the lowest since June 20, 2013.

The yield on the Treasury's 30-year bond slipped one basis point to 3.19%, the lowest since May 23, 2013.

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Bond Buyer indexes
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