The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased four basis points this week, to 4.09% for the week ending May 9, 2013. This is the highest weekly average for the yield to maturity since the week ended April 4, 2013 (six weeks ago), when it was 4.13%.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields declined six basis points this week, to 3.61%.This is its lowest level since Jan. 24, 2013 (16 weeks ago), when it was 3.54%.

The 11-Bond GO Index of higher-grade 20-year GO yields dropped seven basis points this week, to 3.37%, which is its lowest level since Jan. 24, 2013 (16 weeks ago), when it was 3.30%.

The Bond Buyer’s Revenue Bond Index, which measures 30-year revenue bond yields, gained three basis points this week, to 4.52%. This is its highest level since April 25, 2013 (three weeks ago), when it was 4.29%.

The yield on the U.S. Treasury’s 10-year note increased five basis points this week, to 1.87%, which is its highest level since March 21, 2013 (eight weeks ago), when it was 1.93%.

The yield on the Treasury’s 30-year bond rose 10 basis points this week, to 3.09%. This is its highest level since March 27, 2013 (seven weeks ago), when it was also 3.09%.

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