The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined three basis points this week, to 4.46%. This is the lowest level for the index since Nov. 10, 2010 (32 weeks ago), when it was 4.24%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped three basis points this week, to 4.20%, which is the lowest it has been since Nov. 10, 2010 (32 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 5.31%. This is the lowest the index has been since Dec. 2, 2010 (29 weeks ago), when it was 5.18%.
The Bond Buyer’s One-Year Note Index was unchanged this week at its all-time low of 0.34%. The index began on July 20, 1989.
The yield on the U.S. Treasury’s 10-year note was unchanged this week, at 2.92%. It remains at its lowest level since Nov. 23, 2010 (30 weeks ago), when it was 2.77%.
The yield on the Treasury’s 30-year bond rose one basis point this week, to 4.17%, but remained below its 4.23% yield from two weeks ago.
