Municipal bond yields resumed their summer-long decline this week, pushing the average yield to maturity of the 40 bonds used in the Municipal Bond Index to an all-time low.

The average yield to maturity fell three basis points this week, to 6.94%, which is the lowest it has been since The Bond Buyer began calculating the yield to maturity in January 1985.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.