The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined two basis points this week, to 4.53%. This is the lowest level for the index since Nov. 10, 2010 (28 weeks ago), when it was 4.24%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped two basis points this week, to 4.27%, which is the lowest it has been since Nov. 10, 2010 (28 weeks ago), when it was 3.98%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined two basis points as well this week, to 5.38%. This is the lowest level for the index since Dec. 29, 2010 (21 weeks ago), when it was also 5.38%.
The Bond Buyer’s One-Year Note Index dropped five basis points this week, to an all-time low of 0.38%. The index began on July 12, 1989. The previous record low was 0.39% on March 10, 2010.
The yield on the U.S. Treasury’s 10-year note declined 11 basis points this week, to 3.07%. This is the lowest level for the yield since Dec. 2, 2010 (25 weeks ago), when it was 3.00%.
The yield on the Treasury’s 30-year bond dropped seven basis points this week, to 4.23%, which is its lowest level since Nov. 23, 2010 (26 weeks ago), when it was 4.18%.
