The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined 12 basis points this week, to 4.86%. This is the lowest level for the index since March 17, 2011 (six weeks ago), when it was also 4.86%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped 13 basis point this week, to 4.59%, which is the lowest it has been since Dec. 2, 2010 (21 weeks ago), when it was 4.39%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined three basis point this week, to 5.51%. This is the lowest level for the index since March 17, 2011 (six weeks ago), when it was 5.50%.
The Bond Buyer’s One-Year Note Index rose three basis points this week, to 0.50%, which is the highest it has been since March 30, 2011 (four weeks ago), when it was also 0.50%.
The yield on the U.S. Treasury’s 10-year note declined nine basis points this week, to 3.32%. This is the lowest yield on the 10-year note since March 17, 2011 (six weeks ago), when it was 3.24%.
The yield on the Treasury’s 30-year bond dropped five basis points this week, to 4.42%, which is its lowest level since March 17, 2011 (six weeks ago), when it was also 4.42%.
