Municipal bond prices rallied this week on growing demand and solid results in the Treasury's refunding auctions, pushing The Bond Buyer's indexes lower in yield for the second straight week.

The 20-bond index of general obligation bonds fell 13 basis points, to 6.38% from 6.51% from a week ago. The 11-bond index declined 14 basis points, to 6.28% from 6.42%

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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