In the week ended Oct. 8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell one basis point to 4.37% 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 increased one basis point to 3.68% from 3.67% in the previous week. It is at its highest level since Sept. 24, when it stood at 3.71%.
The 11-Bond GO Index of higher-grade 20-year GO yields was unchanged at 3.23% from the prior week. It is at its lowest level since Jan. 19, when it stood at 3.14%.
The Bond Buyer's Revenue Bond Index was one basis point higher to 4.07% from 4.06% from the week ended Oct. 1. It is at its highest level in two weeks, when it stood also stood at 4.10%.
The yield on the U.S. Treasury's 10-year note was seven basis points higher to 2.11% from 2.04%, while the yield on the Treasury's 30-year bond increased 10 basis points to 2.95% from 2.85% in the previous week.
