Bond Buyer Indexes Again Rise

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased 16 basis points this week, to 4.45% for the week ending June 13, 2013. This is the highest weekly average for the yield to maturity since the week ended May 10, 2012 (57 weeks ago), when it was 4.48%.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields increased 23 basis points this week, to 4.16%.This is its highest level since Oct. 13, 2011 (87 weeks ago), when it was 4.17%.

The 11-Bond GO Index of higher-grade 20-year GO yields also rose 23 basis points this week, to 3.93%, which is its highest level since July 28, 2011 (98 weeks ago), when it was 4.19%.

The Bond Buyer's Revenue Bond Index, which measures 30-year revenue bond yields, gained 15 basis points this week, to 4.62%. This is its highest level since July 12, 2012 (49 weeks ago), when it was 4.65%.

The yield on the U.S. Treasury's 10-year note increased 10 basis points this week, to 2.18%, which is its highest level since April 4, 2012 (62 weeks ago), when it was 2.24%.

The yield on the Treasury's 30-year bond also rose 10 basis points this week, to 3.33%. This is its highest level since April 4, 2012 (62 weeks ago), when it was 3.37%.

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