The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined 15 basis points this week, to 4.95%. This is the lowest level for the index since Dec. 29, 2010 (eight weeks ago), when it was also 4.95%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped 14 basis points this week, to 4.70%, which is the lowest it has been since Dec. 9, 2010 (11 weeks ago), when it was 4.60%.
The Revenue Bond Index, which measures 30-year revenue bond yields, fell three basis points this week, to 5.57%. It is now at its lowest level since Jan. 6, 2011 (seven weeks ago), when it was 5.44%.
The Bond Buyer's One-Year Note Index dropped two basis points this week, to 0.51%, which is the same level it reached two weeks ago.
The yield on the U.S. Treasury's 10-year note fell 13 basis points this week, to 3.45%. This is the lowest yield for the 10-year note since Jan. 27, 2010 (four weeks ago), when it was 3.40%.
The yield on the Treasury's 30-year bond dropped 12 basis points this week, to 4.54%, which is the lowest the yield has been since Jan. 13, 2011 (six weeks ago), when it was 4.50%.
Bond Buyer Indexes Fall This Week
Published February 24, 2011, 3:57 p.m. EST
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