The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined eight basis points this week, to 4.61%. This is the lowest level for the index since Nov. 23, 2010 (24 weeks ago), when it was 4.60%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped eight basis point this week, to 4.35%, which is the lowest it has been since Nov. 23, 2010 (24 weeks ago), when it was 4.34%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined four basis point this week, to 5.41%. This is the lowest level for the index since Dec. 29, 2010 (19 weeks ago), when it was 5.38%.
The Bond Buyer’s One-Year Note Index dropped three basis points this week, to 0.43%, which is the lowest it has been since Sept. 22, 2010 (33 weeks ago), when it was also 0.43%.
The yield on the U.S. Treasury’s 10-year note increased seven basis points this week, to 3.23%. But it remained below its 3.32% level from two weeks ago.
The yield on the Treasury’s 30-year bond rose nine basis points this week, to 4.35%, but still remained below its 4.42% level from two weeks ago.
