The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, declined five basis points this week, to 4.08% for the week ending April 11, 2013. It is the lowest weekly average for the yield to maturity since the week ended March 7, 2012 (five weeks ago), when it was 4.05%.

The 20-Bond GO Index of 20-year general obligation yields declined three basis points this week, to 3.93%. It is at its lowest level since March 7, 2013 (five weeks ago), when it was 3.86%.

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