Bond Buyer Indexes Fall This Week

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined three basis points this week, to 4.36%, but it remained above it’s 4.30% level from two weeks ago.
 
The 11-Bond GO Index of higher-grade 20-year GO yields dropped two basis points this week, to 4.08%. The index is still above its 4.02% level from two weeks ago.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, fell three basis points this week, to 4.96%, but it remained above its 4.91% level from two weeks ago.
 
The Bond Buyer's One-Year Note Index declined five basis points this week, to 0.44%. This is the lowest level for the index since Jan. 13, 2010 (three weeks ago), when it reached an all-time low of 0.43%.
 
The yield on the U.S. Treasury's 10-year note fell six basis points this week, to 3.66%, matching the 3.66% level it registered two weeks ago.
 
The yield on the Treasury's 30-year bond dropped five basis points this week, to 4.53%, but it remained above its 4.50% level from two weeks ago.

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