The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined two basis points this week, to 4.51%. This is the lowest level for the index since Nov. 10, 2010 (29 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 4.25%, which is the lowest it has been since Nov. 10, 2010 (29 weeks ago), when it was 3.98%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined five basis points this week, to 5.33%. This is the lowest level for the index since Dec. 9, 2010 (25 weeks ago), when it was 5.32%.
The Bond Buyer’s One-Year Note Index rose two basis points this week, to 0.40%, but remained below its 0.43% level from two weeks ago.
The yield on the U.S. Treasury’s 10-year note declined four basis points this week, to 3.03%. This is the lowest level for the yield since Dec. 2, 2010 (26 weeks ago), when it was 3.00%.
The yield on the Treasury’s 30-year bond gained two basis points this week, to 4.25%, but remained below its 4.30% level from two weeks ago.
