The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields rose two basis points this week, to 5.06%. This is the highest level for the index since Feb. 17, 2011 (eight weeks ago), when it was 5.10%.
The 11-Bond GO Index of higher-grade 20-year GO yields gained one basis point this week, to 4.79%, which is its highest level since Feb. 17, 2011 (eight weeks ago), when it was 4.84%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined three basis point this week, to 5.58%. But it remained above its 5.56% level from two weeks ago.
The Bond Buyer’s One-Year Note Index declined three basis points this week, to 0.44%, which is the lowest it has been since Sept. 29, 2010 (28 weeks ago), when it was also 0.44%.
The yield on the U.S. Treasury’s 10-year note declined seven basis points this week, to 3.49%. But it remained above its 3.46% level from two weeks ago.
The yield on the Treasury’s 30-year bond dropped nine basis points this week, to 4.54%, but remained above its 4.52% level from two weeks ago.
