The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields rose eight basis points this week, to 3.93%. But it remained below its 4.07% level from two weeks ago.
The 11-Bond GO Index of higher-grade 20-year GO yields gained nine basis points this week, to 3.67%, but is still below its 3.80% level from two weeks ago.
The Revenue Bond Index, which measures 30-year revenue bond yields, increased five basis points this week, to 5.01%. But it remained below its 5.11% level from two weeks ago.
The Bond Buyer’s One-Year Note Index rose four basis points this week, to 0.33%. This is its highest level since June 29, 2011 (13 weeks ago), when it was 0.34%.
The yield on the U.S. Treasury’s 10-year note jumped 27 basis points this week, to 1.98%, but remained below its 2.09% level from two weeks ago.
The yield on the Treasury’s 30-year bond climbed 24 basis points this week, to 3.03%, but remained well below its 3.36% level from two weeks 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 -
Fitch Ratings upgraded Cook County to AA-plus from AA on Monday, citing the county's moderating long-term liability burden and sustained resource base growth.
July 15










