The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased 13 basis points this week, to 4.59%. This is the highest level for the index since May 12 (seven weeks ago), when it was 4.61%.
The 11-Bond GO Index of higher-grade 20-year GO yields rose 10 basis points this week, to 4.30%, which is the highest it has been since May 12 (seven weeks ago), when it was 4.35%.
The Revenue Bond Index, which measures 30-year revenue bond yields, gained three basis points this week, to 5.34%. This is the highest the index has been since June 9 (three weeks ago), when it was also 5.34%.
The Bond Buyer’s One-Year Note Index was unchanged this week at its all-time low of 0.34%. The index began on July 20, 1989.
The yield on the U.S. Treasury’s 10-year note rose 25 basis points this week, to 3.17%. It is at its highest level since May 19 (six weeks ago), when it was 3.18%.
The yield on the Treasury’s 30-year bond rose 21 basis points this week, to 4.38%, which is the highest it has been since April 28 (nine weeks ago), when it was 4.42%.
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Fernando Osorio Caño was named interim executive director after Mary Carmen Zapata resigned.
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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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