The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields rose three basis points this week, to 4.17%. It is now at its highest level since Aug. 4, 2011 (10 weeks ago), when it was 4.19%.
The 11-Bond GO Index of higher-grade 20-year GO yields also gained three basis points this week, to 3.91%, which is its highest level since July 28, 2011 (11 weeks ago), when it was 4.19%.
The Revenue Bond Index, which measures 30-year revenue bond yields, increased two basis points this week, to 5.06%. This is its highest level since Sept. 15, 2011 (four weeks ago), when it was 5.11%.
The Bond Buyer’s One-Year Note Index rose two basis points this week, to 0.31%, but remained below its 0.33% level from two weeks ago.
The yield on the U.S. Treasury’s 10-year gained 19 basis points this week, to 2.18%, which is the highest it has been since Aug. 25, 2011 (seven weeks ago), when it was 2.23%.
The yield on the Treasury’s 30-year bond also increased 19 basis points this week, to 3.15%. This is the highest it has been since Sept. 15, 2011 (four weeks ago), when it was 3.36%.
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Norman Regional Health System says it will use interim financing to make a Sept. 1 debt service payment that bondholders agreed to delay.
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