An eleventh-hour technical rally pushed yields on The Bond Buyer's long-term bond indexes slightly lower last week, marking their first decline in six weeks.

The 20-bond index of general obligation yields dropped three basis points, to 7.03% last Wednesday from 7.06% the previous Thursday, while the 11-bond index fell two basis points, to 6.92% from 6.94%. The 30-year revenue bond index declined five basis points, to 7.32% last Wednesday from 7.37% the previous Thursday.

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