The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased 21 basis points this week, to 5.10% for the week ending July 25, 2013. This is the highest weekly average for the yield since the week ended Aug. 4, 2011 (103 weeks ago), when it was 5.13%.
The 20-Bond GO Index of 20-year general obligation yields increased 25 basis points this week, to 4.77%. This is its highest level since April 28, 2011 (117 weeks ago), when it was 4.86%.
The 11-Bond GO Index of higher-grade 20-year GO yields also rose 25 basis points this week, to 4.54%, which is its highest level since April 28, 2011 (117 weeks ago), when it was 4.59%.
The Bond Buyer’s Revenue Bond Index, which measures 30-year revenue bond yields, gained 13 basis points this week, to 5.03%. It is the highest level for the index since Dec. 8, 2011 (85 weeks ago), when it was also 5.03%.
The yield on the U.S. Treasury’s 10-year note increased five basis points this week, to 2.59%, which is its highest level since July 28, 2011 (104 weeks ago), when it was 2.96%.
The yield on the Treasury’s 30-year bond rose three basis points this week, to 3.66%. It is at its highest level since Aug. 11, 2011 (102 weeks ago), when it was 3.79%.
