Muni Indexes Mixed After Strengthening Last Week

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was down two basis point from last week at 4.51% for the week ending July 31.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields went up four basis points to 4.33%, the highest since July 10th.

The 11-Bond GO Index of higher-grade 20-year GO yields climbed four basis points to 4.06%, the highest since May 5th.

The Bond Buyer's Revenue Bond Index, which measures 25-year revenue bond yields, lost six basis points to 4.93%, the lowest since July 2nd.

The yield on the U.S. Treasury's 10-year note climbed five basis points to 2.57%, the highest since July 2nd.

The yield on the Treasury's 30-year bond inched up two basis points to 3.32%, the highest since July 10th.

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