The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased five basis points this week, to 4.14%. This is the highest level for the index since Aug. 4 (four weeks ago), when it was 4.19%.
The 11-Bond GO Index of higher-grade 20-year GO yields also gained five basis points this week, to 3.86%, which is the highest it has been since Aug. 4 (four weeks ago), when it was 3.90%.
The Revenue Bond Index, which measures 30-year revenue bond yields, rose two basis points this week, to 5.15%. This is the highest level for the index since Aug. 4 (four weeks ago), when it was 5.21%.
The Bond Buyer’s One-Year Note Index was unchanged this week at to 0.31%.
The yield on the U.S. Treasury’s 10-year note declined nine basis points this week, to 2.14%, but remained above its 2.09% level from two weeks ago.
The yield on the Treasury’s 30-year bond also dropped nine basis points this week, to 3.51%, but remained above its 3.45% level from two weeks ago.
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