For the week ended March. 5, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, moved up two basis points to 4.27% from 4.25% the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation increased by six basis points to 3.68% from 3.62% from the previous week. It is at its highest level since Dec. 4, 2014, when it was 3.83%.
The 11-Bond GO Index of higher-grade 20-year GO yields rose six basis points to 3.53% from 3.47% the week ended Feb. 26. It is at its highest level since it stood at 3.68% 14 weeks ago.
The Bond Buyer's Revenue Bond Index was four basis points higher to 4.32% from 4.28% the previous week. It is at its highest level since Dec. 31, when it was 4.39%.
The yield on the U.S. Treasury's 10-year note jumped eight basis points to 2.11% from 2.03%, while the yield on the Treasury's 30-year bond improved nine basis points to 2.72% from 2.63% in the week prior.
