For the week ended Dec. 24, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, gained three basis points to 4.31% from the 4.28% the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields went unchanged from the previous week at 3.65%. The last time the index was lower was on May 16, 2013 when it stood at 3.61%.
The 11-Bond GO Index of higher-grade 20-year GO yields was also unchanged from the previous week at 3.50%. It is at its lowest level in over a year, when it stood at 3.46% on May 23, 2013.
The Bond Buyer's Revenue Bond Index stayed put from the previous week at 4.43%. The last time it was at this number was September 6, 2012.
The Yield on the U.S. Treasury's 10-year note increased six basis points to 2.27% from 2.21% the previous week. The yield on the Treasury's 30-year bond rose one basis point to 2.83% from 2.82% the previous week.
