The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields increased 11 basis points in the week ended Oct. 17 to 4.68%. The index is at its highest level since Sept. 12, when it was 4.93%.
The 11-Bond GO Index of higher-grade 20-year GO yields gained nine basis points to 4.37%, which is its highest level since Sept. 19, when it was 4.39%.
The Bond Buyer's Revenue Bond Index, which measures 30-year revenue bond yields, rose two basis points to 5.25%, its highest level since Sept. 12, when it was 5.31%.
The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased six basis points to 5.21% for the week ending Oct. 17. This is the highest weekly average for the yield to maturity since the week ended Sept. 19, when it was also 5.21%.
The yield on the U.S. Treasury's 10-year note declined 10 basis points to 2.59%, which is its lowest level since Aug. 8, when it was also 2.59%. The yield on the Treasury's 30-year bond dropped nine basis points to 3.66%, which is the lowest it has been since July 25, when it was also 3.66%.