Home›Bonds & Rates›Government Bonds›10-year muni yields fall after nearly two-week selloff

10-year muni yields fall after nearly two-week selloff

Ten-year municipal yields dropped 11 basis points to 4.1% as the rally marked the biggest gain in more than a year, with 30-year yields also easing.

Reported · Written up by our desk · Government Bonds

State and local debt prices rallied across the curve after a nearly two-week selloff, with benchmark 10-year municipal bonds posting their biggest jump in more than a year, according to data compiled by Bloomberg.

Ten-year muni yields fell 11 basis points to 4.11% at 4 p.m. in New York, the largest decline since April 2025 and the first gain since Sept. 17, while 30-year benchmark yields dropped 6 basis points to 5.19%.

LiveMint Markets, citing Bloomberg data, reported that Dora Lee, director of research at Belle Haven Investments, said the move looked like a correction after the market was oversold, though she questioned whether it was only a brief rebound.

The report also said the Convention Center Authority of the Metropolitan Government of Nashville and Davidson County is offering about $790 million of muni bonds, based on preliminary pricing wires seen by Bloomberg.

More like this

Sources