Bond Buyer indexes were weaker in week ended Nov. 16
In the week ended Nov. 16, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.93% from 3.92% the previous week. The BB40 Index is based on the price of 40 long-term bonds.
The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose three basis points to 3.52% from 3.49% in the previous week. It is at its highest level since Nov. 2, when it was at 3.67%.
The 11-Bond GO Index of higher-grade 11-year GO increased two basis points to 3.01% from 2.99% the previous week. It is at its highest level since three weeks ago, when it was 3.17%.
The Bond Buyer's Revenue Bond Index gained five basis points to 3.91% from 3.86% last week. It is at its highest level since Nov. 2, when it was at 4.04%.
The yield on the U.S. Treasury's 10-year note was higher to 2.37% from 2.33% in the previous week, while the yield on the Treasury's 30-year gained to 2.82% from 2.79% in the prior week.