The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased six basis points this week, to 3.81%. This is its highest level since May 3, 2012 (three weeks ago), when it was also 3.81%.
The 11-Bond GO Index of higher-grade 20-year GO yields rose seven basis points this week, to 3.60%, which is its highest level since April 26, 2012 (four weeks ago), when it was 3.65%.
The Revenue Bond Index, which measures 30-year revenue bond yields, gained one basis point this week, to 4.76%. This is its highest level since May 3, 2012 (three weeks ago), when it was 4.77%.
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, was unchanged this week, at 0.24%, which is still its lowest level since April 18, 2012 (five weeks ago), when it was 0.23%.
The yield on the U.S. Treasury’s 10-year note increased seven basis points this week, to 1.78%. But it remained below its 1.89% level from two weeks ago.
The yield on the Treasury’s 30-year bond rose five basis points this week, to 2.86%, but remained below its 3.06% level from two weeks ago.
