Bond Buyer Indexes Fall This Week

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined two basis points this week, to 4.34%, which is the lowest level for the index since Jan. 21, 2010 (three weeks ago), when it was 4.30%.
 
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped two basis points this week, to 4.06%. This is the lowest the index has been since Jan. 21, 2010 (three weeks ago), when it was 4.02%.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, was unchanged this week at 4.96%.
 
The Bond Buyer's One-Year Note Index rose one basis point this week, to 0.45%, but remained below its 0.49% level from two weeks ago.
 
The yield on the U.S. Treasury's 10-year note rose 13 basis points this week, to 3.73%, which is the highest the yield has been since Jan. 14, 2010 (four weeks ago), when it was 3.74%.
 
The yield on the Treasury's 30-year bond increased 15 basis points this week, to 4.68%, which is its highest level since Jan. 7, 2010 (five weeks ago), when it was 4.69%.

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