The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields was unchanged this week, at 3.95%. It remains at the highest level for the index since April 12, 2012 (10 weeks ago), when it was 3.97%.
The 11-Bond GO Index of higher-grade 20-year GO yields increased one basis point this week, to 3.75%, which is its highest level since April 12, 2012 (10 weeks ago), when it was 3.77%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined three basis points this week, to 4.72%. It is now at its lowest level since Feb. 2, 2012 (20 weeks ago), when it was 4.70%.
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, fell one basis point this week, to 0.24%, which is the same level as two weeks ago.
The yield on the U.S. Treasury’s 10-year note also dropped one basis point this week, to 1.62%. It is at its lowest level since May 31, 2012 (three weeks ago), when it was 1.58%.
The yield on the Treasury’s 30-year bond declined five basis points this week, to 2.68%, which is its lowest level since May 31, 2012 (three weeks ago), when it was 2.67%.
