The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined three basis points this week, to 4.03%. That is the lowest the index has been since Oct. 1, 2009 (46 weeks ago), when it was 3.94%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped four basis points this week, to 3.76%, which is the lowest level for the index since Oct. 1, 2009 (46 weeks ago), when it was 3.69%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined five basis points this week, to 4.69%. This is its lowest level since Oct. 8, 2009 (45 weeks ago), when it was also 4.69%.
The Bond Buyer's One-Year Note Index dropped one basis point this week, to 0.45%, which is its lowest level since March 31, 2010 (20 weeks ago), when it was 0.43%.
The yield on the U.S. Treasury's 10-year note declined 17 basis points this week, to 2.58%. This is the lowest the yield has been since Jan. 22, 2009 (82 weeks ago), when it was also 2.58%.
The yield on the Treasury's 30-year bond fell 28 basis points this week, to 3.67%, which is its lowest level since April 8, 2009 (71 weeks ago), when it was also 3.67%.
The average weekly yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, declined nine basis points this week, to 4.95%. It is the lowest weekly average for the yield to maturity since the week ended April 17, 2008, when it was also 4.95%.
