The Bond Buyer's weekly bond indexes declined modestly in yield this week, as tax-exempt prices were revived by a solid rally in the Treasury market and by a spate of negative economic reports that raised hopes of another easing in monetary policy.

The 20-bond index of general obligation yields declined six basis points, to 6.27% from 6.33% a week ago. The 11-bond GO index decreased five basis points, to 6.18% from 6.23%.

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