The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased three basis points this week, to 5.08% for the week ending Nov. 21, 2013, but it remains above its 5.07% average from two weeks ago.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields decreased four basis points this week, to 4.60%. The index is at its lowest level since Nov. 7, 2013 (two weeks ago), when it was 4.56%.

The 11-Bond GO Index of higher-grade 20-year GO yields dropped four basis points this week, to 4.31%, which is its lowest level since Nov. 7, 2013 (two weeks ago), when it was 4.27%.

The Bond Buyer’s Revenue Bond Index, which measures 30-year revenue bond yields, rose three basis points this week, to 5.26%. This is the highest the index has been since Sept. 12, 2013 (10 weeks ago), when it was 5.31%.

The yield on the U.S. Treasury’s 10-year note increased 10 basis points this week, to 2.79%, which is its highest level since Sept. 12, 2013 (five weeks ago), when it was 2.91%.

The yield on the Treasury’s 30-year bond gained 10 basis points this week, to 3.89%, which is the highest it has been since July 28, 2011 (121 weeks ago), when it was 4.26%.

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