The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased eight basis points this week, to 4.22% for the week ending May 30, 2013. This is the highest weekly average for the yield to maturity since the week ended Sept. 20, 2012 (36 weeks ago), when it was 4.26%.

Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields increased 14 basis points this week, to 3.80%.This is its highest level since April 25, 2013 (five weeks ago), when it was 3.90%.

The 11-Bond GO Index of higher-grade 20-year GO yields also rose 14 basis points this week, to 3.60%, which is its highest level since April 25, 2013 (five weeks ago), when it was 3.67%.

The Bond Buyer’s Revenue Bond Index, which measures 30-year revenue bond yields, gained nine basis points this week, to 4.39%. This is its highest level since March 14, 2013 (11 weeks ago), when it was 4.41%.

The yield on the U.S. Treasury’s 10-year note increased 10 basis points this week, to 2.12%, which is its highest level since April 4, 2012 (60 weeks ago), when it was 2.24%.

The yield on the Treasury’s 30-year bond rose eight basis points this week, to 3.28%. This is its highest level since April 4, 2012 (60 weeks ago), when it was 3.37%.

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