The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined nine basis points this week, to 4.05%. This is the lowest level for the index since Aug. 18 (three weeks ago), when it was 3.83%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped eight basis points this week, to 3.78%, which is the lowest it has been since Aug. 18 (three weeks ago), when it was 3.55%.
The Revenue Bond Index, which measures 30-year revenue bond yields, decreased eight basis points this week, to 5.07%. This is the lowest level for the index since Nov. 10, 2010 (43 weeks ago), when it was 4.87%.
The Bond Buyer’s One-Year Note Index declined one basis point this week, to 0.30%, which is the lowest it has been since Aug. 3, 2011 (five weeks ago), when it was 0.29%.
The yield on the U.S. Treasury’s 10-year note fell 15 basis points this week, to 1.99%. This is the lowest level for the 10-year yield since the 1950s.
The yield on the Treasury’s 30-year bond dropped 20 basis points this week, to 3.31%, which is the lowest it has been since Jan. 22, 2009 (137 weeks ago), when it was 3.25%.
Bond Buyer Indexes Fall This Week
Published September 08, 2011, 4:08 p.m. EDT
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