Bond Buyer Indexes Rise This Week

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.

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