Alert October 29, 2010

Bond Market Snapshot

The October 2010 yield on AAA-rated municipal bonds increased slightly from 4.08% to 4.19% for 30-year bonds and from 2.30% to 2.59% for 10-year bonds. Yields on 30-year treasury bonds also increased slightly from 3.74% to 3.91%, but decreased on 10-year treasury notes from 2.67% to 2.56%, dipping below munis once again.

 

Source: Bloomberg (www.bloomberg.com)