Muni bond Thursday update: 10-year yield falls

FeaturesAssociated Press

A look at the AP Municipal Bond Index for Thursday, Nov. 16:

BIGGEST MOVER: Three-year bonds. Yield increased 9 basis points over the last week to 1.43 percent.

Continue Reading Below

TWO-YEAR: Yield rose 1 basis point to 1.31 percent. The two-year/10-year spread is 97 basis points, down from 100 basis points a week ago. The two-year/30-year spread is 149 basis points, down from 152 basis points a week ago.

10-YEAR: Yield fell 2 basis points to 2.28 percent, compared with 2.37 percent for a 10-year Treasury. The gap between 10-year municipal bonds and Treasurys has been widening over the last week. It was 9 basis points on Nov. 9. The 10-year/30-year spread for municipal bonds is 52 basis points.

30-YEAR: Yield rose by less than a basis point to 2.80 percent, compared with 2.81 percent for a 30-year Treasury.


AP created this story using data from Municipal Bond Information Services and the U.S. Department of the Treasury. Learn more about the AP Municipal Bond Index at

Continue Reading Below