The Bond Buyer’s Revenue Bond Index, which measures 30-year revenue bond yields, declined five basis point this week, to an all-time low of 4.37%. The previous record low was 4.38% on March 15, 2007. The Bond Buyer began calculating the revenue index on Sept. 20, 1979.
The 20-Bond GO Index of 20-year general obligation yields declined seven basis points this week, to 3.72%. This is the lowest level for the index since Aug. 30, 2012 (three weeks ago), when it was also 3.72%.