The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased three basis points this week, to 4.02% for the week ending Feb. 7, 2013. This is the highest weekly average for the yield to maturity since the week ended Jan. 10, 2013 (four weeks ago), when it was 4.07%.
The 20-Bond GO Index of 20-year general obligation yields rose one basis point this week, to 3.68%. This is the highest level for the index since Jan. 3, 2013 (five weeks ago), when it was also 3.68%.
The 11-Bond GO Index of higher-grade 20-year GO yields also gained one basis point this week, to 3.44%, which is its highest level since Nov. 1, 2012 (14 weeks ago), when it was 3.46%.
The Bond Buyer’s Revenue Bond Index, which measures 30-year revenue bond yields, was unchanged this week, at 4.29%. It remains at its highest level since Jan. 3, 2013 (five weeks ago), when it was 4.30%.
The yield on the U.S. Treasury’s 10-year note declined three basis points this week, to 1.96%. But it remained above its 1.85% yield from two weeks ago.
The yield on the Treasury’s 30-year bond was unchanged this week, at 3.17%, which is the highest it has been since April 12, 2012 (43 weeks ago), when it was 3.22%.
