The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped three basis points in the week ending Oct. 9 to 4.37%.
The 20-Bond GO Index of 20-year general obligation yields fell 10 basis points to 4.01%, after holding steady last week.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped 10 basis points to 3.86%, after holding steady last week.
The Bond Buyer's 25-bond Revenue Bond Index declined seven basis points to 4.65%, the third week in a row the yield dropped.
The yield on the U.S. Treasury's 10-year note fell 11 basis points to 2.33%, the third week in a row the yield dropped.
The yield on the Treasury's 30-year bond fell eight basis points to 3.07%, the third week in a row the yield dropped.
