The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined two basis points this week, to 3.60%. This is its lowest level since April 13, 1967 (nearly 45 years ago), when it was 3.54%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped two basis points this week, to 3.34%, which is its lowest level since Feb. 9, 1967 (nearly 45 years ago), when it was 3.33%.
The Revenue Bond Index, which measures 30-year revenue bond yields, increased three basis points this week, to 4.77%. But it remained below its 4.93% level from two weeks ago.
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, declined one basis point this week, to an all-time low of 0.24%. The index began in July 1989.
The yield on the U.S. Treasury’s 10-year note rose six basis points this week, to 1.99%, but remained below its 2.00% level from two weeks ago.
The yield on the Treasury’s 30-year bond gained eight basis points this week, to 3.05%, but remained below its 3.06% level from two weeks ago.
Bond Buyer Indexes Down This Week
January 19, 2012, 3:55 p.m. EST 1 Min Read
