The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.96% from 4.00% the week before.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields decreased 12 basis points to 3.78% from 3.90% the previous week. It is at its lowest level since Feb. 8, when it was at 3.73%.
The 11-Bond GO Index of higher-grade 11-year GOs fell 12 basis points to 3.26% from 3.38% the previous week. It is at its lowest level in 17 weeks.
The Bond Buyer's Revenue Bond Index dropped 12 basis points to 4.27% from 4.39% last week. It is at its lowest level since Feb. 8, when it was at 4.22%.
The yield on the U.S. Treasury's 10-year note jumped up to 3.83% from 2.98% the previous week, while the yield on the 30-year Treasury decreased to 3.00% from 3.12%.