The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined six basis points this week, to 3.83%. This is the lowest level for the index since May 4, 1967 (43 years ago), when it was 3.79%.
The 11-Bond GO Index of higher-grade 20-year GO yields also fell six basis points this week, to 3.57%, which is the lowest the index has been since April 20, 1967 (43 years ago), when it was 3.53%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined five basis points this week, to 4.58%. That is its lowest level since May 31, 2007 (three years ago), when it was 4.57%.
The Bond Buyer's One-Year Note Index dropped three basis points this week, to 0.43%, which is its lowest level since March 31, 2010 (25 weeks ago), when it was also 0.43%.
The yield on the U.S. Treasury's 10-year note declined 20 basis points this week, to 2.56%. This is the lowest the yield has been since Aug. 26, 2010 (four weeks ago), when it was 2.50%.
The yield on the Treasury's 30-year bond fell 19 basis points this week, to 3.74%, which is its lowest level since Sept. 2, 2010 (three weeks ago), when it was 3.72%.
-
Fernando Osorio Caño was named interim executive director after Mary Carmen Zapata resigned.
4h ago -
A stronger-than-expected nonfarm payroll report reignited fears that the Federal Reserve will hike rates. Munis and USTs had a somewhat muted reaction, according to Hennion & Walsh's James Pruskowski.
4h ago -
"The reason the number [of trade counts] is a record and not just elevated is structural, and it's been building for years," said Josh Rosenblum, head of municipal trading strategies at Brownstone.
5h ago -
Oregon State Rep. Paul Evans proposed a grant program that would fill budgetary gaps for small cities at risk of closing what he deems as essential city services.
6h ago -
Norman Regional Health System says it will use interim financing to make a Sept. 1 debt service payment that bondholders agreed to delay.
6h ago -
The plan aims to fundamentally change how the state collects tax revenue, aiming to eventually shrink the income tax to nothing.
6h ago










