The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased 11 basis points this week, to 3.95%. It is at its highest level since Dec. 1, 2011 (15 weeks ago), when it was 4.12%.
The 11-Bond GO Index of higher-grade 20-year GO yields rose 14 basis points this week, to 3.72%. This is its highest level since Dec. 1, 2011 (15 weeks ago), when it was 3.85%.
The Revenue Bond Index, which measures 30-year revenue bond yields, gained seven basis points this week, to 4.83%. It is at its highest level since Jan. 5, 2012 (10 weeks ago), when it was 4.93%.
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, dropped two basis point this week, to an all-time low of 0.22%. The previous record low was 0.23% on Feb. 22. The index began in July 1989.
The yield on the U.S. Treasury’s 10-year note increased 26 basis points this week, to 2.29%. It is at its highest level since Oct. 27, 2011 (20 weeks ago), when it was 2.40%.
The yield on the Treasury’s 30-year bond gained 24 basis points this week, to 3.42%. This is its highest level since Oct. 27, 2011 (20 weeks ago), when it was 3.45%.
-
Fernando Osorio Caño was named interim executive director after Mary Carmen Zapata resigned.
3h ago -
A stronger-than-expected nonfarm payroll report reignited fears that the Federal Reserve will hike rates. Munis and USTs had a somewhat muted reaction, according to Hennion & Walsh's James Pruskowski.
3h ago -
"The reason the number [of trade counts] is a record and not just elevated is structural, and it's been building for years," said Josh Rosenblum, head of municipal trading strategies at Brownstone.
5h ago -
Oregon State Rep. Paul Evans proposed a grant program that would fill budgetary gaps for small cities at risk of closing what he deems as essential city services.
6h ago -
Norman Regional Health System says it will use interim financing to make a Sept. 1 debt service payment that bondholders agreed to delay.
6h ago -
The plan aims to fundamentally change how the state collects tax revenue, aiming to eventually shrink the income tax to nothing.
6h ago










