The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined five basis points this week, to 4.27%. This is the lowest level for the index since Dec. 30, 2009 (20 weeks ago), when it was 4.25%.
The 11-Bond GO Index of higher-grade 20-year GO yields fell four basis points this week, to 4.00% — the same level as two weeks ago, which is the lowest since Dec. 30, 2009, when it was 3.97%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined four basis points this week, to 4.86%. This is the lowest the index has been since Oct. 15, 2009 (31 weeks ago), when it was also 4.86%.
The Bond Buyer's One-Year Note Index fell three basis points this week, to 0.49%, which is the lowest level for the index since April 14, 2010 (five weeks ago), when it was 0.48%.
The yield on the U.S. Treasury's 10-year note dropped 29 basis points this week, to 3.26%, which is the lowest the yield has been since Oct. 8, 2009 (32 weeks ago), when it was 3.24%,
The yield on the Treasury's 30-year bond plunged 31 basis points this week, to 4.14%. This is the lowest yield for the 30-year bond since Oct. 8, 2009 (32 weeks ago), when it was 4.08%.
Bond Buyer Indexes Fall This Week
Published May 20, 2010, 3:53 p.m. EDT
1 Min Read
Processing Content
