Bond Buyer indexes weaken in week ending Nov. 30

In the week ended Nov. 30, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.99% from 3.95% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

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The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose eight basis points to 3.59% from 3.51% in the previous week. It is at its highest level since Nov. 02, when it was at 3.67%.

The 11-Bond GO Index of higher-grade 11-year GO was eight basis points higher to 3.09% from 3.01% the previous week. It is at its highest level since five weeks ago, when it was 3.17%.

The Bond Buyer's Revenue Bond Index gained seven basis points to 4.04% from 3.97% 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 increased to 2.42% from 2.37% in the previous week, while the yield on the Treasury's 30-year gained to 2.84% from 2.76% in the prior week.

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