November 16, 2012 / 8:21 PM / 5 years ago

Yields on top-rated muni debt end week at record lows

SAN FRANCISCO, Nov 16 (Reuters) - Benchmark yields on tax-free U.S. municipal bonds edged lower on Friday to all-time lows after a week during which investors concerned about the outlook for tax hikes and nervous about the stock market piled into the debt.

The 30-year yield fell to a record low for a seventh consecutive session, dropping one basis point from Thursday’s low to end at 2.54 percent on Municipal Market Data’s benchmark triple-A scale.

The 10-year yield dropped one basis point, to a record low 1.50 percent.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below