Bond Buyer Indexes Mixed This Week

The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased six basis points this week, to 3.79%. This is the highest level for the index since Aug. 16, 2012 (four weeks ago), when it was 3.80%.

The 11-Bond GO Index of higher-grade 20-year GO yields also gained six basis points this week, to 3.58%, which is its highest level since Aug. 16, 2012 (four weeks ago), when it was 3.59%.

The Revenue Bond Index, which measures 30-year revenue bond yields, declined one basis point this week, to 4.42%. This is its lowest level since March 22, 2007 (five years and 26 weeks ago), when it was 4.41%.

The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, increased one basis point this week, to 0.24%, which is its highest level since Aug. 22, 2012 (three weeks ago), when it was 0.27%.

The yield on the U.S. Treasury’s 10-year note increased six basis points this week, to 1.74%. This is its highest level since Aug. 16, 2012 (four weeks ago), when it was 1.84%.

The yield on the Treasury’s 30-year bond jumped 15 basis points this week, to 2.95%, which is its highest level since Aug. 16, 2012 (four weeks ago), when it was 2.96%.

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