Three BB yield indexes leap 11 basis points

In the week ended Jan. 10, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, inched up to 4.08% from 4.07% last week.

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields jumped 11 basis points to 4.20% from 4.09% in the previous week. It is at its highest level since Nov. 29, when it was at 4.22%.

BB-011019-INDEXES

The 11-bond GO Index of higher-grade 11-year GOs rose 11 basis points to 3.69% from 3.58% in the previous week. It is at its highest level since six weeks ago, when it was 3.73%.

The Bond Buyer's Revenue Bond Index was also 11 basis points higher to 4.67% from 4.56% the week before. It is at its highest level since Nov. 29, when it was at 4.68%.

The yield on the U.S. Treasury's 10-year note increased to 2.74% from 2.56%, while the yield on the 30-year Treasury grew to 3.05% from 2.92%.

For reprint and licensing requests for this article, click here.
Bond Buyer indexes Buy side Sell side Primary bond market
MORE FROM BOND BUYER