Municipal bond indexes rose on the week, reflecting a market that continues a lengthy, but welcome, backup from record low yields.

Tax-exempts past the front end of the yield curve have risen steadily throughout the previous five sessions, as they have over the past three weeks. Treasury yields over the same period have weakened even more dramatically.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.