Muni Indexes Weaken for First Time in Five Weeks

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was up five basis points from last week at 4.58% for the week ending July 10.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields went up seven basis points to 4.38%, the highest since April 3rd.

The 11-Bond GO Index of higher-grade 20-year GO yield jumped seven basis points to 4.11%, the highest since April 3rd.

The Bond Buyer's Revenue Bond Index, which measures 25-year revenue bond yields, climbed 13 basis points to 5.03%, the highest since May 1st.

The yield on the U.S. Treasury's 10-year note fell nine basis points to 2.54%, the lowest since May 15th.

The yield on the Treasury's 30-year bond dropped 10 basis points to 3.37%, the lowest since June 26th.

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