The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased one basis point this week, to 4.47%. This is the highest level for the index since July 14 (two weeks ago), when it was 4.51%.
The 11-Bond GO Index of higher-grade 20-year GO yields rose one basis point this week, to 4.19%, which is the highest it has been since July 14 (two weeks ago), when it was 4.24%.
The Revenue Bond Index, which measures 30-year revenue bond yields, remained unchanged this week, at 5.32%. This is the highest the index has been since July 7 (three weeks ago), when it was 5.36%.
The Bond Buyer’s One-Year Note Index increased two basis points this week, to 0.30%. This is the highest the index has been since July 6 (three weeks ago), when it was 0.31%. The index began on July 20, 1989.
The yield on the U.S. Treasury’s 10-year note declined five basis points this week, to 2.96%, but it remained well above its 2.95% level from two weeks ago.
The yield on the Treasury’s 30-year bond was lower by three basis points this week, at 4.29%. It has not been lower since July 14 (two weeks ago), when it was 4.25%.
-
Northwest Nazarene University, an Idaho private Christian college, had its ratings outlook revised to positive.
33m ago -
Munis should do "relatively well" this month, as investors will "focus on heavy summer redemptions; tax-exempt supply should remain healthy but is unlikely to overwhelm," said Barclays strategists.
1h ago -
The Manhattan-based Ivy League university reached a settlement with the federal government last year. It is selling $487 million of bonds this month.
6h ago -
"The rates market has started to turn from the upper end of the trading range this week," Barclays strategists wrote, but with the war with Iran still driving the market, nothing is certain.
May 8 -
Changes in federal funding are sharpening the focus on how the states will be responding to disaster relief, running social programs and budget planning.
May 8 -
The defendants include many of the largest municipal bond underwriters.
May 8









