The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 4.03% from 4.01% the week before.

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields increased three basis points to 3.98% from 3.95% the previous week. It is at its highest level since March 16, 2017, when it was at 4.02%.

The 11-Bond GO Index of higher-grade 11-year GOs gained three basis points to 3.46% from 3.43% the previous week. It is at its highest level since March 16, 2017 when it was at 3.53%.

The Bond Buyer's Revenue Bond Index jumped three basis points to 4.48% from 4.45% last week. It is at its highest level since June 4, 2015 when it was at 4.55%.

The yield on the U.S. Treasury's 10-year note was down to 2.93% from 2.99%, while the yield on the 30-year Treasury dropped to 3.08% from 3.12%.

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