The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields increased six basis points this week, to 4.65%. This is the highest level for the index since May 5 (nine weeks ago), when it was 4.69%.
The 11-Bond GO Index of higher-grade 20-year GO yields rose seven basis points this week, to 4.37%, which is the highest it has been since May 5 (nine weeks ago), when it was 4.43%.
The Revenue Bond Index, which measures 30-year revenue bond yields, gained two basis points this week, to 5.36%. This is the highest the index has been since May 26 (six weeks ago), when it was 5.38%.
The Bond Buyer's One-Year Note Index declined three basis points this week, to an all-time low of 0.31%. The index began on July 20, 1989.
The yield on the U.S. Treasury's 10-year note declined two basis points this week, to 3.15%, but it remained well above its 2.92% level from two weeks ago.
The yield on the Treasury's 30-year bond was unchanged this week, at 4.38%. It has not been higher since April 28 (10 weeks ago), when it was 4.42%.
The average weekly yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose eight basis points this week, to 5.25%. It is the highest weekly average for the yield to maturity since the week ended June 9 (four weeks ago), when it was 5.27%.
