Bond Buyer Indexes Hit 43-Year Lows

The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined 15 basis points this week, to 3.88%. That is the lowest the index has been since May 11, 1967 (43 years ago), when it was also 3.88%.
 
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped 15 basis points this week, to 3.61%, which is the lowest level for the index since April 27, 1967 (43 years ago), when it was also 3.61%.
 
The Revenue Bond Index, which measures 30-year revenue bond yields, declined eight basis points this week, to 4.61%. This is its lowest level since May 31, 2007 (three years ago), when it was 4.57%.
 
The Bond Buyer's One-Year Note Index rose four basis points this week, to 0.49%, which is its highest level since Aug. 4, 2010 (three weeks ago), when it was 0.55%.
 
The yield on the U.S. Treasury's 10-year note declined eight basis points this week, to 2.50%. This is the lowest the yield has been since Jan. 15, 2009 (84 weeks ago), when it was 2.20%.
 
The yield on the Treasury's 30-year bond fell 14 basis points this week, to 3.53%, which is its lowest level since March 5, 2009 (77 weeks ago), when it was 3.51%.