The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined five basis points this week, to 3.81%. It is at its lowest level since March 1, 2012 (nine weeks ago), when it was 3.72%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped six basis points this week, to 3.59%. This is its lowest level since March 1, 2012 (nine weeks ago), when it was 3.47%.
The Revenue Bond Index, which measures 30-year revenue bond yields, fell one basis point this week, to 4.77%. It is at its lowest level since March 8, 2012 (eight weeks ago), when it was 4.76%.
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, increased one basis point this week, to 0.27%. This is its highest level since Jan. 4, 2012 (17 weeks ago), when it was 0.28%.
The yield on the U.S. Treasury’s 10-year note declined three basis points this week, to 1.93%. It is at its lowest level since Feb. 2, 2012 (13 weeks ago), when it was 1.83%.
The yield on the Treasury’s 30-year bond dropped one basis point this week, to 3.12%, which is the same level as two weeks ago.
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The new-issue calendar is led by Washington with $1.3 billion of GOs selling by competitive bid in three series.
February 6 -
A trio of current and former Alaska lawmakers presented views differing from the governor's on how to solve the state's budget red ink.
February 6 -
Kutak Rock warns tax attorneys about the Internal Revenue Service doing compliance checks as opposed to formal audits on certain multifamily bond issues as tax season is expected to add more stress to an understaffed agency.
February 6 -
The rating agency cited weak operating results and high leverage.
February 6 -
Piper Sandler will price $100 million of electric revenue bonds for Iowa public utility Muscatine Power and Water on Wednesday.
February 6 -
Longer-term bonds could ease financial pressure for Sound Transit's $54 billion long-range plans.
February 6




