The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined eight basis points this week, to 4.29%. This is its lowest level since Dec. 30, 2009 (18 weeks ago), when it was 4.25%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped eight basis points this week, to 4.00%. It is now at its lowest level since Dec. 30, 2009 (18 weeks ago), when it was 3.97%.
The Revenue Bond Index, which measures 30-year revenue bond yields, dropped two basis points this week, to 4.89%. It is now at its lowest point since Oct. 22, 2009 (28 weeks ago), when it was 4.87%.
The Bond Buyer's One-Year Note Index rose two basis points this week, to 0.53%. But it remained below its 0.54% level from two weeks ago.
The yield on the U.S. Treasury's 10-year note dropped 36 basis points this week, to 3.38%, which is the lowest it has been since Nov. 24, 2009 (23 weeks ago), when it was 3.31%.
The yield on the Treasury's 30-year bond plunged 43 basis points this week, to 4.17%. It is the lowest yield for the 30-year bond since Oct. 8, 2009 (30 weeks ago), when it was 4.08%.
Bond Buyer Indexes Fall This Week
Published May 06, 2010, 3:54 p.m. EDT
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