Alert July 16, 2010

Bond Market Snapshot

The July 2010 yield on AAA-rated municipal bonds stayed level for 30-year bonds at 4.38% and decreased slightly for 10-year bonds from 3.07% to 3.00%. Yields on 30-year treasury bonds continued to fall from 4.10% to 3.89%, and yields on 10-year treasury notes dipped below munis for the first time since May 2009.



Source: Bloomberg (www.bloomberg.com)