Muni bond Tuesday update: 10-year yield falls

A look at the AP Municipal Bond Index for Tuesday, Sept. 26:

BIGGEST MOVER: Six-year bonds. Yield climbed 6 basis points over the last week to 1.54 percent.

TWO-YEAR: Yield increased less than a basis point to 1.01 percent. The two-year/10-year spread is 126 basis points, down from 128 basis points a week ago. The two-year/30-year spread is 183 basis points, down from 187 basis points a week ago.

10-YEAR: Yield fell less than a basis point to 2.27 percent, compared with 2.24 percent for a 10-year Treasury. The gap between 10-year municipal bonds and Treasurys has been widening over the last week. It was 1 basis point on Sept. 19. The 10-year/30-year spread for municipal bonds is 57 basis points.

30-YEAR: Yield rose by 1 basis point to 2.84 percent, compared with 2.78 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


Keywords: Muni Bonds