In the week ended April 13, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell five basis points to 4.18% from 4.23% 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 was six basis points lower to 3.77% from 3.83% in the prior week. It is at its lowest level since Jan.12 when it was at 3.72%.

The 11-Bond GO Index of higher-grade 20-year GO yields decreased six basis points to 3.28% from 3.34% in the previous week. It is at its lowest level since 14 weeks ago, when it was at 3.25%.

The Bond Buyer's Revenue Bond Index dropped five basis points to 3.95% from 4.00% last week. It is at its lowest level since Jan. 12, when it was at 3.83%.

The yield on the U.S. Treasury's 10-year note fell 11 basis points to 2.24% from 2.35%, while the yield on the Treasury's 30-year bond was nine basis points lower to 2.90% from 2.99% in the prior week.

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