Muni Indexes Were Narrowly Mixed

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was up one basis point from last week at 4.52% for the week ending August 7.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields went down two basis points to 4.31%, the lowest since July 2nd.

The 11-Bond GO Index of higher-grade 20-year GO yields fell two basis points to 4.04%, the lowest since July 24th.

The Bond Buyer's Revenue Bond Index, which measures 25-year revenue bond yields, lost four basis points to 4.89%, the lowest since June 26th.

The yield on the U.S. Treasury's 10-year note dropped 15 basis points to 2.42%, the lowest since June 20, 2013.

The yield on the Treasury's 30-year bond slipped nine basis points to 3.23%, the lowest since June 6, 2013.

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