The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined five basis points this week, to 4.86%. This the lowest level for the index since Dec. 9, 2010 (14 weeks ago), when it was also 4.86%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped five basis points this week, to 4.60%, which is its lowest level since Dec. 9, 2010, when it was also 4.60%.
The Revenue Bond Index, which measures 30-year revenue bond yields, fell two basis point this week, to 5.50%. It is now at its lowest level since Jan. 6, 2011 (10 weeks ago), when it was 5.44%.
The Bond Buyer’s One-Year Note Index declined two basis points this week, to 0.49%, which is the lowest it has been since Nov. 10, 2010 (18 weeks ago), when it was 0.46%.
The yield on the U.S. Treasury’s 10-year note declined 13 basis points this week, to 3.24%. It is now at its lowest level since Dec. 9, 2010 (14 weeks ago), when it was 3.22%.
The yield on the Treasury’s 30-year bond dropped 10 basis points this week, to 4.42%, which is the lowest it has been since Dec. 29, 2010 (11 weeks ago), when it was 4.41%.
