The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged this week, at 5.08% for the week ending Nov. 28, 2013; it remains above its 5.07% average from three weeks ago.
The 20-Bond GO Index of 20-year general obligation yields increased one basis point this week, to 4.61%. The index is at its highest level since Nov. 14, 2013 (two weeks ago), when it was 4.64%.
The 11-Bond GO Index of higher-grade 20-year GO yields gained one basis point this week, to 4.32%, which is its highest level since Nov. 14, 2013 (two weeks ago), when it was 4.35%.
The Bond Buyer’s Revenue Bond Index, which measures 30-year revenue bond yields, fell three basis points this week, to 5.23%. This is the lowest the index has been since Nov. 14, 2013 (two weeks ago), when it was also 5.23%.
The yield on the U.S. Treasury’s 10-year note decreased eight basis points this week, to 2.71%, which is its lowest level since Nov. 14, 2013 (two weeks ago), when it was 2.69%.
The yield on the Treasury’s 30-year bond declined nine basis points this week, to 3.80%, which is the lowest it has been since Nov. 14, 2013 (two weeks ago), when it was 3.79%.
