I never went to university <a href=\" http://www.warwickhughes.com/blog/?p=essay-writier#dam \">ghostwriting</a> When Treasury yields first started to rise in early May, muni yields didn\'t rise in lockstep. In fact, the ratio of muni-bond yields to Treasury yields dropped to near the longer-term average of around 90 percent. That made sense, because investors are willing to accept lower yields on muni bonds in order to reap the tax benefits they carry.