The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined 10 basis points this week, to 4.02%. This is the lowest level for the index since Sept. 29, 2011 (five weeks ago), when it was 3.93%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped 10 basis points this week, to 3.75%, which is its lowest level since Sept. 29, 2011 (five weeks ago), when it was 3.67%.
The Revenue Bond Index, which measures 30-year revenue bond yields, fell five basis points this week, to 5.05%. This is its lowest level since Oct. 6, 2011 (four weeks ago), when it was 5.04%.
The Bond Buyer’s One-Year Note Index declined two basis points this week, to 0.29%, its lowest level since Oct. 5, 2011 (four weeks ago), when it was also 0.29%.
The yield on the U.S. Treasury’s 10-year dropped 33 basis points this week, to 2.07%. It is at its lowest level since Oct. 6, 2011 (four weeks ago), when it was 1.99%.
The yield on the Treasury’s 30-year bond fell 35 basis points this week, to 3.10%, which is the lowest it has been since Oct. 6, 2011 (four weeks ago), when it was 2.96%.
-
The focus on Wednesday has been on the primary market, particularly the six-part $2.4 billion deal from the New York State Thruway Authority, which came a little wider than where the issuer had been trading in the secondary market.
11h ago -
"Currently, we are spending a lot more time of our day in the regulatory space in responding to proposed rules and changes," GFOA's Paige Mellerio said.
July 15 -
Federal Reserve Gov. Lisa Cook said risks, including geopolitical tensions, are tilted toward higher inflation in the near term.
July 15 -
Advocates in Congress are now looking at the possibilities for the Modernizing Agricultural and Manufacturing Bonds Act offered by a third reconciliation bill, a lame duck session, or Trump-propelled legislation early next year.
July 15 -
Given the vastness of the municipal bond universe, analysts have credited some technologies for providing participants witthe ability to better manage, evaluate and navigate the market.
July 15 -
Fitch Ratings upgraded Cook County to AA-plus from AA on Monday, citing the county's moderating long-term liability burden and sustained resource base growth.
July 15










