The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined 14 basis points this week, to 3.61%. This is its lowest level since Feb. 2, 2012 (25 weeks ago), when it was 3.60%.

The 11-Bond GO Index of higher-grade 20-year GO yields dropped 13 basis point this weeks, to 3.41%, which is its lowest level since Feb. 16, 2012 (23 weeks ago), when it was 3.39%.

The Revenue Bond Index, which measures 30-year revenue bond yields, fell seven basis points this week, to 4.44%. It is now at its lowest level since May 10, 2007 (272 weeks or five years and 12 weeks ago), when it was also 4.44%.

The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, was unchanged this week at 0.23%.

The yield on the U.S. Treasury’s 10-year note dropped nine basis points this week, to 1.43%, its lowest level since the 1950s.

The yield on the Treasury’s 30-year bond decreased 12 basis points this week, to an all-time low of 2.49%. The previous low was 2.53% on Dec. 18, 2008.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.