The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose 12 basis points this week, to 4.06%, which is the highest level for the index since Sept. 17 (three weeks ago), when it was 4.20%. It was the first increase for the index in 12 weeks.
The 11-Bond GO Index of higher-grade 20-year GO yields rose 11 basis points this week, to 3.80% -- the highest level since Sept. 17 (three weeks ago), when it was 3.93%. This was the first time in 10 weeks that the index had risen.
The Revenue Bond Index, which measures 30-year revenue bond yields, was unchanged this week at 4.69%, which is the lowest it has been since Jan. 17, 2008, when it was 4.63%.
The yield on the U.S. Treasury's 10-year note rose four basis points this week, to 3.24%, but it remained well below its 3.38% level from two weeks ago.
The yield on the Treasury's 30-year bond increased 11 basis points this week, to 4.08%, but still remained below its 4.17% from two weeks ago.
The Bond Buyer's One-Year Note Index, which is based on one-year tax-exempt note yields, rose three basis points this week, to 0.59%, which is the highest it has been since Sept. 16 (three weeks ago), when it was 0.60%. The index had been at its all-time low of 0.56% for the past two weeks.
-
The district is planning to bring $1.17 billion of revenue bonds to the market next week.
1h ago -
The focus on Wednesday has been on the primary market, particularly the six-part $2.4 billion deal from the New York State Thruway Authority, which came a little wider than where the issuer had been trading in the secondary market.
July 15 -
"Currently, we are spending a lot more time of our day in the regulatory space in responding to proposed rules and changes," GFOA's Paige Mellerio said.
July 15 -
Federal Reserve Gov. Lisa Cook said risks, including geopolitical tensions, are tilted toward higher inflation in the near term.
July 15 -
Advocates in Congress are now looking at the possibilities for the Modernizing Agricultural and Manufacturing Bonds Act offered by a third reconciliation bill, a lame duck session, or Trump-propelled legislation early next year.
July 15 -
Given the vastness of the municipal bond universe, analysts have credited some technologies for providing participants witthe ability to better manage, evaluate and navigate the market.
July 15










