Bond Buyer Indexes Weaken

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was up two basis points this past week, to 4.52% for the week ending June 5.

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Bond Buyer Indexes

The 20-Bond GO Index of 20-year general obligation yields jumped 11 basis points to 4.37%, after slipping two basis points from the week before.

The 11-Bond GO Index of higher-grade 20-year GO yield climbed 11 basis points to 4.11%, erasing the previous week's decline.

The Bond Buyer's Revenue Bond Index, which measures 25-year revenue bond yields, inched up three basis points to 4.82%, after falling two basis points the week before.

The yield on the U.S. Treasury's 10-year note advanced 14 basis points to 2.59% after falling 10 basis points the prior week.

The yield on the Treasury's 30-year bond rose 13 basis point to 3.44%, after losing 12 basis points the week before.


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