Bond Buyer Indexes Down This Week

The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined four basis points this week, to 3.88%. This is its lowest level since Sept. 22, 2011 (14 weeks ago), when it was 3.85%.
 
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped four basis points this week, to 3.62%, which is its lowest level since Sept. 22, 2011 (14 weeks ago), when it was 3.58%.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, also fell four basis points this week, to 4.97%. It is now at its lowest level since Sept. 22, 2011 (14 weeks ago), when it was 4.96%.
 
The Bond Buyer’s One-Year Note Index was unchanged this week, remaining at its all-time low of 0.27%. The index began on July 12, 1989.
 
The yield on the U.S. Treasury’s 10-year note declined six basis points this week, to 1.90%. It is now at its lowest level since Sept. 22, 2011 (14 weeks ago), when it was 1.71%.
 
The yield on the Treasury’s 30-year bond dropped nine basis points this week, to 2.90%, which is its lowest level since Sept. 22, 2011 (14 weeks ago), when it was 2.79%.