The Bond Buyer 20-Bond GO Index, which has a 20-year maturity, declined one basis point this week, to 3.67%. It is the lowest level for the index since Oct. 11, 2012 (three weeks ago), when it was 3.64%.
The Bond Buyer 11-Bond GO Index, which measures higher-grade GO bonds maturing in 20 years, also declined one basis point this week, to 3.46%, which is the lowest the index has been since Oct. 11, 2012 (three weeks ago), when it was 3.43%.
The Bond Buyer Revenue Bond Index, which is based on 25 revenue issuers and has a 30-year maturity, dropped four basis points this week, to 4.29%. This is the lowest level for the index since Oct. 4, 2012 (four weeks ago), when it reached an all-time low of 4.28%.
The Bond Buyer One-Year Note Index, which is based on one-year GO yields from 10 issuers, rose one basis point this week, to 0.22%. This is the highest level for the index since Oct. 10, 2012 (three weeks ago), when it was 0.23%.
The yield on the 10-year U.S. Treasury note dropped 11 basis points this week, to 1.72%, which is the lowest level for the yield since Oct. 11, 2012 (three weeks ago), when it was 1.68%.
The yield on the 30-year U.S. Treasury bond dropped eight basis points this week, to 2.90%, which is the lowest the yield has been since Oct. 11, 2012 (three weeks ago), when it was 2.86%.
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The market has seen a trend of "happy endings to each week, disappointing Mondays," according to James Pruskowski, managing director at Hennion & Walsh.
May 21 -
"We're going to have some weak days, we're going to have some stronger days, maybe they wash out against each other," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
May 21 -
They are seeking legislation on transportation, water and other topics.
May 21 -
A major multiple-amended housing bill that is expected to expand the use of private activity bonds passes the House and bounces back to the Senate, but obstacles remain over provisions regulating institutional investors.
May 21 -
The former Massachusetts congressman "was a true champion for the municipal bond market," GFOA's Emily Brock said.
May 21 -
The Trump administration took over the Penn Station renovation a year ago, accusing the MTA of mismanagement.
May 21










