Muni Indexes Were Mixed After Weakening 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 one basis point from last week at 4.57% for the week ending July 17.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields went down two basis points to 4.36%, the lowest since June 26th.

The 11-Bond GO Index of higher-grade 20-year GO yield fell two basis points to 4.09%, the lowest since June 26th.

The Bond Buyer's Revenue Bond Index, which measures 25-year revenue bond yields, climbed four basis points to 5.07%, the highest since May 1st.

The yield on the U.S. Treasury's 10-year note slipped eight basis points to 2.46%, the lowest since May 29th.

The yield on the Treasury's 30-year bond dropped nine basis points to 3.28%, the lowest since June 6th.

 

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