For the week ended April 16, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased one basis point to 4.23% from 4.22% in the week ended April 9.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields fell four basis points to 3.45%, from 3.49% from the previous week. It is at its lowest level since January 29, when it stood at 3.36%.
The 11-Bond GO Index of higher-grade 20-year GO yields was also four basis points lower, to 3.30%, from 3.34% in the week ended April 9. It is at its lowest level since Jan. 29, when it stood at 3.21%.
The Bond Buyer's Revenue Bond Index was unchanged from 4.18% from the previous week and for the third week in a row. It is at its highest level in two weeks when it stood at 4.19%.
The yield on the U.S. Treasury's 10-year note dropped seven basis points to 1.89% from 1.96%, while the yield on the Treasury's 30-year bond declined three basis points to 2.57% from 2.60% in the week prior.
