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U.S. municipal bond yields up sharply
November 30, 2016 / 8:10 PM / a year ago

U.S. municipal bond yields up sharply

SAN FRANCISCO, Nov 30 (Reuters) - Benchmark U.S. municipal bond prices fell on Wednesday, lifting yields as much as 10 basis points, following an announcement by OPEC to limit production.

Yields on AAA-rated muni bonds in the 2036-2046 maturity rose 8-10 basis points, according to a preliminary scale read from Municipal Market Data (MMD), a unit of Thomson Reuters. (Reporting by Robin Respaut; Editing by Sandra Maler)

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