The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was up four basis points this week, at 5.12% for the week ending Dec. 5, 2013, The highest since Oct. 24, 2013, (six weeks ago), when it was 5.16%.
The 20-Bond GO Index of 20-year general obligation yields increased nine basis points this week, to 4.70%. The index is at its highest level since Sept. 12, 2013 (12 weeks ago), when it was 4.93%.
The 11-Bond GO Index of higher-grade 20-year GO yields gained eight basis points this week, to 4.40%, which is its highest level since Sept. 12, 2013 (12 weeks ago), when it was 4.67%.
The Bond Buyer's Revenue Bond Index, which measures 30-year revenue bond yields, rose seven basis points this week, to 5.30%. This is the higher the index has been since Sept. 12, 2013 (12 weeks ago), when it was 5.31%.
The yield on the U.S. Treasury's 10-year note increased 17 basis points this week, to 2.88%, which is its highest level since Sept. 12, 2013 (12 weeks ago), when it was 2.91%.
The yield on the Treasury's 30-year bond rose 12 basis points this week, to 3.92%, which is the highest it has been since July 28, 2011 (123 weeks ago), when it was 4.26%.
