The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined 10 basis points this week, to 3.71%. It is at its lowest level since Feb. 23, 2012 (11 weeks ago), when it was 3.69%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped 10 basis points this week, to 3.49%. This is its lowest level since March 1, 2012 (10 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 4.73%. It is at its lowest level since March 1, 2012 (10 weeks ago), when it was also 4.73%.
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, declined two basis points this week, to 0.25%. This is its lowest level since April 18, 2012 (three weeks ago), when it was 0.23%.
The yield on the U.S. Treasury’s 10-year note dropped four basis points this week, to 1.89%. It is at its lowest level since Feb. 2, 2012 (14 weeks ago), when it was 1.83%.
The yield on the Treasury’s 30-year bond fell six basis points this week, to 3.06%, which is its lowest level since Feb. 2, 2012 (14 weeks ago), when it was 3.01%.
Bond Buyer Indexes Fall This Week
May 10, 2012, 3:45 p.m. EDT 1 Min Read
