Bond Buyer Indexes Fall This Week

The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined seven basis points this week, to 3.90%. It is at its lowest level since March 8, 2012 (six weeks ago), when it was 3.84%.
 
The 11-Bond GO Index of higher-grade 20-year GO yields dropped eight basis points this week, to 3.69%. This is its lowest level since March 1, 2012 (seven weeks ago), when it was 3.47%.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, fell four basis points this week, to 4.81%. It is at its lowest level since March 8, 2012 (six weeks ago), when it was 4.76%.
 
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, declined two basis points this week, to 0.23%. This is its lowest level since March 14, 2012 (five weeks ago), when it was 0.22%.
 
The yield on the U.S. Treasury’s 10-year note fell 10 basis points this week, to 1.96%. It is at its lowest level since Feb. 2, 2012 (11 weeks ago), when it was 1.83%.
 
The yield on the Treasury’s 30-year bond also dropped 10 basis points this week, to 3.12%, which is its lowest level since Feb. 2, 2012 (11 weeks ago), when it was 3.01%.

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