Bond Buyer Indexes Fall This Week

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields dropped two basis points this week, to 4.43%. This is the lowest the index has been since March 18, 2010 (four weeks ago), when it was 4.32%.
 
The 11-Bond GO Index of higher-grade 20-year GO yields also declined two basis points this week, to 4.14%. It is now at its lowest level since March 18, 2010 (four weeks ago), when it was 4.05%.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, was unchanged this week at 4.96%. It remains at its highest level since Feb. 18, 2010 (eight weeks ago), when it was 4.97%.
 
The Bond Buyer's One-Year Note Index dropped five basis points this week, to 0.48%. But it remained above its 0.43% level from two weeks ago.
 
The yield on the U.S. Treasury's 10-year note declined five basis points this week, to 3.84%, which is the same level it reached two weeks ago.
 
The yield on the Treasury's 30-year bond slid three basis points this week, to 4.72% — the same level as two weeks ago.

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