The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased eight basis points this week, to 3.68%. This is its highest level since Jan. 5, 2012 (three weeks ago), when it was 3.83%.
The 11-Bond GO Index of higher-grade 20-year GO yields also rose eight basis points this week, to 3.42%, which is its highest level since Jan. 5, 2012 (three weeks ago), when it was 3.57%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined six basis points this week, to 4.71%. This is its lowest level since Nov. 4, 2010 (64 weeks ago), when it was also 4.71%.
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, was unchanged this week at its all-time low of 0.24%. The index began in July 1989.
The yield on the U.S. Treasury’s 10-year note declined five basis points this week, to 1.94%, but remained above its 1.93% level from two weeks ago.
The yield on the Treasury’s 30-year bond gained five basis points this week, to 3.10%, which is its highest level since Dec. 1, 2011 (eight weeks ago), when it was 3.12%.
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The new-issue calendar is led by Washington with $1.3 billion of GOs selling by competitive bid in three series.
10h ago -
A trio of current and former Alaska lawmakers presented views differing from the governor's on how to solve the state's budget red ink.
11h ago -
Kutak Rock warns tax attorneys about the Internal Revenue Service doing compliance checks as opposed to formal audits on certain multifamily bond issues as tax season is expected to add more stress to an understaffed agency.
February 6 -
The rating agency cited weak operating results and high leverage.
February 6 -
Piper Sandler will price $100 million of electric revenue bonds for Iowa public utility Muscatine Power and Water on Wednesday.
February 6 -
Longer-term bonds could ease financial pressure for Sound Transit's $54 billion long-range plans.
February 6




