30-year muni yield sets record low at 1.79%

Munis were mixed on Tuesday on the MBIS benchmark scale, with yields falling eight basis points in the 10-year maturity and rising by three basis points in the 30-year maturity. High-grades were also mixed with yields on MBIS AAA scale decreasing by five basis points in the 10-year maturity and increasing by less than one basis point in the 30-year maturity.
On Refinitiv Municipal Market Data’s AAA benchmark scale, the yield in the 10-year GO was two basis points lower to 1.16% and the 30-year GO was down three basis points to 1.79%, setting a new record low. The previous record was set back on Jan. 30 at 1.80%.
Read more: Bond Buyer.