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%.
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The airport's first new money foray into the muni market in nearly 12 years will begin to fund a $1.3 billion transformation plan.
2h ago -
While the municipal market barely budged following the Fed's decision to cut rates 50 basis points, Thursday saw muni yields rise up to two basis points, depending on the scale, but still lagged the weakness in USTs. LSEG Lipper reported $716 million of inflows into municipal bond mutual funds.
September 19 -
The Fed's 50 basis point cut surprised many, as a looming federal election and all the uncertainty that brings complicates efforts at forecasting.
September 19 -
The product is designed to give SOLVE's customers visibility into "next-trade" pricing data for more than 900,000 munis.
September 19 -
After getting positive outlooks from three rating agencies since 2023, Oklahoma received its first upgrade.
September 19 -
The agency cited a sustained commitment to healthy reserves and structural balance.
September 19