Yields on The Bond Buyer's weekly bond indexes declined for the second week in a row as favorable economic news allowed the market to continue correcting itself from its collapse two weeks ago.

The 20-bond index of general obligation yields decreased eight basis points, to 6.16% from 6.24% last week, while the 11-bond general obligation index declined nine basis points, to 6.07% from 6.16% a week ago. The 30-year revenue bond index was down seven basis points, to 6.31% from 6.38% last week.

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