The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined eight basis points this week, to 4.98%. This is the lowest level for the index since March 24, 2011 (four weeks ago), when it was 4.91%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped seven basis point this week, to 4.72%, which is the lowest it has been since March 24, 2011 (four weeks ago), when it was 4.64%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined four basis point this week, to 5.54%. This is the lowest level for the index since March 24, 2011 (four weeks ago), when it was 5.52%.
The Bond Buyer’s One-Year Note Index rose three basis points this week, to 0.47%, which is the same level it reached two weeks ago.
The yield on the U.S. Treasury’s 10-year note declined eight basis points this week, to 3.41%. This is the lowest yield on the 10-year note since March 17, 2011 (five weeks ago), when it was 3.24%.
The yield on the Treasury’s 30-year bond dropped seven basis points this week, to 4.47%, which is its lowest level since March 17, 2011 (five weeks ago), when it was 4.42%.
