In the week ended Nov. 19, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 4.35% from 4.38% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields fell nine basis points to 3.65% from 3.74% in the previous week. It is at its lowest level since April 30, when it stood at 3.62%.
The 11-Bond GO Index of higher-grade 20-year GO yields fell 10 basis points to 3.16% from 3.26% in the prior week. It is at its lowest since Jan. 15, when it stood at 3.14%.
The Bond Buyer's Revenue Bond Index lost nine basis points to 4.04%, from 4.13% in the prior week. It is at its lowest level ever since the index was started in 1979.
The yield on the U.S. Treasury's 10-year note was down eight basis points to 2.25% from 2.33%, while the yield on the Treasury's 30-year bond was nine basis points lower at 3.01% from 3.10% in the previous week.
