Muni Bond Indexes Unchanged for Week Ended April 9

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, stayed the same at 4.22% from the week ended April 2.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation was steady at 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 flat at 3.34% from week ended April 2. It is at its lowest level since Feb. 5, when it also stood at 3.34%.

The Bond Buyer's Revenue Bond Index was unchanged from 4.18% from the previous week. 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 rose five basis points to 1.96% from 1.91%, while the yield on the Treasury's 30-year bond was up seven basis points to 2.60% from 2.53% in the week prior.

For reprint and licensing requests for this article, click here.
Bond Buyer indexes Buy side
MORE FROM BOND BUYER