The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased three basis points this week, to 4.89% for the week ending July 18, 2013. This is the highest weekly average for the yield since the week ended June 27, 2013 (three weeks ago), when it was 4.99%.

The 20-Bond GO Index of 20-year general obligation yields declined three basis points this week, to 4.52%. But it remained above its 4.39% level from two weeks ago.

The 11-Bond GO Index of higher-grade 20-year GO yields also dropped three basis points this week, to 4.29%, but remained above its 4.16% level from two weeks ago.

The Bond Buyer's Revenue Bond Index, which measures 30-year revenue bond yields, fell one basis point this week, to 4.90%. It remained above its 4.87% level from two weeks ago.

The yield on the U.S. Treasury's 10-year note declined four basis points this week, to 2.54%, but remained above its 2.51% level from two weeks ago.

The yield on the Treasury's 30-year bond was unchanged this week, at 3.63%. It remains at its highest level since Aug. 11, 2011 (101 weeks ago), when it was 3.79%.

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