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 two basis points higher to 4.10% from 4.08% for the previous week.

Bond Buyer Indexes

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields jumped up eight basis points to 3.42% from 3.34% from the previous week. It is at its highest level since Jan. 14 when it stood at 3.45%.

The 11-Bond GO Index of higher-grade 20-year GO yields increased eight basis points to 2.94% from 2.86% from the prior week. It is at its highest level in nine weeks.

The Bond Buyer's Revenue Bond Index rose seven basis points to 3.86% from3.79% last week. It is at its highest level since Dec. 30 when it was at 3.93%.

The yield on the U.S. Treasury's 10-year note was up ten basis points to 1.93% from 1.83%, while the yield on the Treasury's 30-year bond was four basis points higher to 2.70% from 2.66% in the previous week.

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