Bond Buyer Indexes Mixed This Week

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields increased sixbasis points this week, to 4.02%. This is the highest level for the index since Aug. 19, 2010 (11 weeks ago), when it was 4.03%.

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The 11-Bond GO Index of higher-grade 20-year GO yields also rose six basis points higher this week, to 3.77%, which is the highest level for the index since Aug. 12, 2010 (12 weeks ago), when it was 3.80%.

The Revenue Bond Index, which measures 30-year revenue bond yields, gained four basis points this week, to 4.71%. That is its highest level since Aug. 12, 2010 (12 weeks ago), when it was 4.74%.

The Bond Buyer's One-Year Note Index declined three basis points this week, to 0.48%, which is its lowest level since Oct. 14, 2010 (three weeks ago), when it was 0.47%.

The yield on the U.S. Treasury's 10-year note dropped 18 basis points this week, to 2.49%, which is its lowest l evel since Oct. 7, 2010 (four weeks ago), when it was 2.40%.

The yield on the Treasury's 30-year bond fell one basis point this week, to 4.04%, but still remained above its 3.96% 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, rose four basis points this week, to 4.95%. This is the highest weekly average for the yield to maturity since the week ended Aug. 19, 2010 (11 weeks ago), when it was also 4.95%.


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