Bond Buyer Indexes Rise This Week

The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased six basis points this week, to 4.08%. It is at its highest level since Dec. 1, 2011 (18 weeks ago), when it was 4.12%.
 
The 11-Bond GO Index of higher-grade 20-year GO yields also rose six basis points this week, to 3.86%. This is its highest level since Oct. 13, 2011 (25 weeks ago), when it was 3.91%.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, gained three basis points this week, to 4.88%. This is the same level it reached two weeks ago.
 
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, was unchanged this week, at 0.25%. It remains at its highest level since Feb. 29, 2012 (five weeks ago), when it was also 0.25%.
 
The yield on the U.S. Treasury’s 10-year note increased eight basis points this week, to 2.24%. But it remains below its 2.28% level from two weeks ago.
 
The yield on the Treasury’s 30-year bond rose 10 basis points this week, to 3.37%. This is the same level as two weeks ago.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER