Bond Buyer Indexes Turn Weaker

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose one basis point to 3.95% in the week ended Oct. 27 from 3.94% in the previous week.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields rose four basis points to 3.32% from 3.28% in the prior week. It is at its highest level since May 12 when it also stood at 3.32%.

The 11-Bond GO Index of higher-grade 20-year GO yields increased four basis points to 2.90% from 2.86% in the previous week. It is at its highest level since March 31 when it was also at 2.90%.

The Bond Buyer's Revenue Bond Index rose two basis points to 3.53% from 3.51% last week. It is at its highest level since Oct. 13 when it was at also at 3.53%.

The yield on the U.S. Treasury's 10-year note rose nine basis points to 1.84% from 1.75%, while the yield on the Treasury's 30-year bond increased 10 basis points to 2.60% from 2.50% the previous week.

 

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