All Bond Buyer Long-Term Indexes Rise This Week

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose five basis points this week, to 4.65%, but remained below its 4.72% level from two weeks ago.
 
The 11-Bond GO Index of higher-grade 20-year GO yields also increased five basis points this week, to 4.39%. But it is still below its 4.47% level from two weeks ago.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, gained two basis points this week, to 5.18%, but remains below its 5.25% level from two weeks ago.
 
The Bond Buyer's One-Year Note Index declined two basis points this week, to 0.54%, which is the same level as two weeks ago.
 
The yield on the U.S. Treasury's 10-year note rose 23 basis points this week, to 3.00%. It is at its highest level since July 29, 2010 (18 weeks ago), when it was also 3.00%.
 
The yield on the Treasury's 30-year bond increased nine basis points this week, to 4.27%, but remained below its 4.29% level from two weeks ago.
 
The average weekly yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, declined three basis points this week, to 5.27%. This is the lowest weekly average for the yield to maturity since the week ended Oct. 10, 2010 (three weeks ago), when it was 5.03%.