The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined six basis points this week, to 4.55%. This is the lowest level for the index since Nov. 10, 2010 (27 weeks ago), when it was 4.24%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped six basis point this week, to 4.29%, which is the lowest it has been since Nov. 10, 2010 (27 weeks ago), when it was 3.98%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined one basis point this week, to 5.40%. This is the lowest level for the index since Dec. 29, 2010 (20 weeks ago), when it was 5.38%.
The Bond Buyer’s One-Year Note Index was unchanged this week at 0.43%.
The yield on the U.S. Treasury’s 10-year note declined five basis points this week, to 3.18%. But it remained above its 3.16% level from two weeks ago.
The yield on the Treasury’s 30-year bond also dropped five basis points this week, to 4.30%, but still remained above its 4.26% level from two weeks ago.
