The 20-Bond GO Index of 20-year general obligation yields declined six basis points this week, to 3.58%. But it remained above its 3.44% level from two weeks ago.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped five basis points this week, to 3.34%, but still remained above its 3.20% level from two weeks ago.
The Bond Buyer's Revenue Bond Index, which measures 30-year revenue bond yields, rose two basis points this week, to 4.28% — its highest level since Nov. 1, 2012 (eight weeks ago), when it was 4.29%.
The yield on the U.S. Treasury's 10-year note fell eight basis points this week, to 1.72%. This is its lowest level since Dec. 6, 2012 (three weeks ago), when it was 1.58%.
The yield on the Treasury's 30-year bond also declined eight basis points this week, to 2.90%, which is the same level as two weeks ago.
The Bond Buyer's One-Year Note Index, which is based on one-year GO note yields, was not calculated this week due to a lack of trading volume.
The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose two basis points this week, to 4.11% for the week ending Dec. 27, 2012. This is the highest weekly average for the yield to maturity since the week ended Nov. 8, 2012 (seven weeks ago), when it was 4.12%.
