Bond Buyer Indexes Rise This Week

The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased five basis points this week, to 3.80%. It is now at its highest level since July 12, 2012 (five weeks ago), when it was 3.83%.

The 11-Bond GO Index of higher-grade 20-year GO yields also gained five basis points this week, to 3.59%, which is its highest level since July 12, 2012 (five weeks ago), when it was 3.62.

The Revenue Bond Index, which measures 30-year revenue bond yields, rose two basis points this week, to 4.52%. This is its highest level since July 12, 2012 (five weeks ago), when it was 4.56%.

The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, increased four basis points this week, to 0.26%, which is its highest level since May 2, 2012 (15 weeks ago), when it was 0.27%.

The yield on the U.S. Treasury’s 10-year note gained 14 basis points this week, to 1.84%. This is its highest level since May 10, 2012 (14 weeks ago), when it was 1.89%.

The yield on the Treasury’s 30-year bond jumped 20 basis points this week, to 2.96%, which is its highest level since May 10, 2012 (14 weeks ago), when it was 3.06%.

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