The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased three basis points to 4.48% for the week ended July 16 from 4.45% in the previous week.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation jumped six basis points to 2.82% from 3.76% in the week ended July 9. It is at its highest level since May 28, when it stood at 3.73%.
The 11-Bond GO Index of higher-grade 20-year GO yields increased two basis points to 3.35% from 3.33% in the prior week. It is at its highest level since April 16, when it stood at 3.30%.
The Bond Buyer's Revenue Bond Index rose four basis points to 4.23%, from 4.19% in the previous week. It is at its highest level in 13 weeks, when it stood at 4.18%.
The yield on the U.S. Treasury's 10-year note gained four basis points to 2.35% from 2.31%, while the yield on the Treasury's 30-year bond was unchanged at 3.11% the week beforehand.
