The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined four basis points this week, to 3.77%. But it remained above its 3.75% level from two weeks ago.
 
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped four basis points this week, to 3.56%, but remained above its 3.53% level from two weeks ago.

The Revenue Bond Index, which measures 30-year revenue bond yields, fell three basis points this week, to 4.73%. This is its lowest level since May 10, 2012 (three 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, was unchanged again this week, at 0.24%, which is still its lowest level since April 18, 2012 (six weeks ago), when it was 0.23%.
 
The yield on the U.S. Treasury’s 10-year note declined 20 basis points this week, to 1.58%, which is its lowest level since the 1950s.

The yield on the Treasury’s 30-year bond dropped 19 basis points this week, to 2.67%. This is its lowest level since Dec. 23, 2008 (179 weeks ago), when it was 2.62%.

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