The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was up three basis points this week, at 4.83% for the week ending March. 13. The 40-bond index softened along with other Bond Buyer municipal indicators.
The 20-Bond GO Index of 20-year general obligation yields jumped six basis points this week to 4.47%, the highest since Jan. 30.
The 11-Bond GO Index of higher-grade 20-year GO yields also climbed six basis points to 4.18%, the highest since Jan. 23.
The Bond Buyer's Revenue Bond Index, which measures 30-year revenue bond yields, slid one basis point this week, to 5.26%, after jumping five basis points the previous week.
The yield on the U.S. Treasury's 10-year note fell nine basis points to 2.65%, erasing a jump in yield from the previous week.
The yield on the Treasury's 30-year bond also dropped nine points as well, to 3.60%, after gaining the same amount last week.
