Markets - Market News
Most Bond Buyer Indexes Rise This Week
Thursday, December 20, 2012
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The 20-Bond GO Index of 20-year general obligation yields increased 20 basis points this week, to 3.64%. This put the index at its highest level since Nov. 1, 2012 (seven weeks ago), when it was 3.67%.

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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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