Bond Buyer Indexes Mostly Weaker

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose four basis points to 4.23% in the week ended Nov. 22 from 4.19% in the previous week.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields were five basis points higher to 3.80% from 3.75% in the prior week. It is at its highest level since Sept. 10, 2015 when it was at 3.82%.

The 11-Bond GO Index of higher-grade 20-year GO yields increased five basis points to 3.35% from 3.30% in the previous week. It is at its highest level since July 16, 2015 when it was at 3.35%.

The Bond Buyer's Revenue Bond Index fell two basis points to 3.85% from 3.87% last week. It is at its lowest level in three weeks.

The yield on the U.S. Treasury's 10-year note rose three basis points to 2.32% from 2.29%, while the yield on the Treasury's 30-year bond decreased one basis point to 3.00% from 3.01% in the prior week.

 

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