Bond Buyer Indexes Rise This Week

The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased two basis points this week, to 4.07%. But it remained below its 4.14% level from two weeks ago.
 
The 11-Bond GO Index of higher-grade 20-year GO yields also rose two basis points this week, to 3.80%, but remained below its 3.86% level from two weeks ago.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, gained four basis points this week, to 5.11%. It is still below its 5.15% level from two weeks ago.
 
The Bond Buyer’s One-Year Note Index declined two basis points this week, to 0.28%, which matches the all-time low that it set on July 20, 2011 (eight weeks ago). The index began on July 12, 1989.
 
The yield on the U.S. Treasury’s 10-year note increased 10 basis points this week, to 2.09%. But it remained below its 2.14% level from two weeks ago.
 
The yield on the Treasury’s 30-year bond rose five basis points this week, to 3.36%, but still remained below its 3.51% level from two weeks ago.

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