The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined five basis points this week, to 4.90%. This is the lowest level for the index since Dec. 9, 2010 (12 weeks ago), when it was 4.86%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped seven basis points this week, to 4.63%, which is the lowest it has been since Dec. 9, 2010 (12 weeks ago), when it was 4.60%.
The Revenue Bond Index, which measures 30-year revenue bond yields, fell one basis point this week, to 5.56%. It is now at its lowest level since Jan. 6, 2011 (eight weeks ago), when it was 5.44%.
The Bond Buyer’s One-Year Note Index was unchanged this week, at 0.51%.
The yield on the U.S. Treasury’s 10-year note gained 12 basis points this week, to 3.57%. But it remained below its 4.60% level from two weeks ago.
The yield on the Treasury’s 30-year bond rose 10 basis points this week, to 4.64%, but remained below its 4.66% level from two weeks ago.
