The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose one basis point this week, to 4.45%. This is the highest the index has been since Aug. 27, 2009 (32 weeks ago), when it was 4.53%.
The 11-Bond GO Index of higher-grade 20-year GO yields also gained one basis point this week, to 4.16%. It is now at its highest level since Aug. 27, 2009 (32 weeks ago), when it was 4.27%.
The Revenue Bond Index, which measures 30-year revenue bond yields, rose two basis points this week, to 4.96%. It is at its highest level since Feb. 18, 2010 (seven weeks ago), when it was 4.97%.
The Bond Buyer's One-Year Note Index rose 10 basis points this week, to 0.53%. This is the highest the index has been since Nov. 24, 2009 (19 weeks ago), when it was 0.56%.
The yield on the U.S. Treasury's 10-year note increased five basis points this week, to 3.89%, but remained below its 3.90% level from two weeks ago.
The yield on the Treasury's 30-year bond rose three basis points this week, to 4.75%. But it is still below its 4.78% level from two weeks ago.
The average weekly yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, declined five basis points this week, to 5.22%. The yield is now at its lowest weekly average since the week ended Oct. 29, 2009 (23 weeks ago), when it was 5.21%.
