The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields was unchanged this week, at 4.31%.
The 11-Bond GO Index of higher-grade 20-year GO yields was also unchanged this week, at 4.03%.
The Revenue Bond Index, which measures 30-year revenue bond yields, declined three basis points this week, to 4.93%. That is the lowest level for the index since Dec. 17, 2009 (four weeks ago), when it was 4.92%.
The Bond Buyer's One-Year Note Index declined two basis points this week, to an all-time low of 0.43%. The previous low was 0.45% last week. The index began on July 12, 1989.
The yield on the U.S. Treasury's 10-year note declined nine basis points this week, to 3.74%, which is the lowest it has been since Dec. 17, 2009 (four weeks ago), when it was 3.49%.
The yield on the Treasury's 30-year bond dropped six basis points this week, to 4.63%, but it remained above its 4.61% level from two weeks ago.
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Fernando Osorio Caño was named interim executive director after Mary Carmen Zapata resigned.
4h ago -
A stronger-than-expected nonfarm payroll report reignited fears that the Federal Reserve will hike rates. Munis and USTs had a somewhat muted reaction, according to Hennion & Walsh's James Pruskowski.
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"The reason the number [of trade counts] is a record and not just elevated is structural, and it's been building for years," said Josh Rosenblum, head of municipal trading strategies at Brownstone.
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Oregon State Rep. Paul Evans proposed a grant program that would fill budgetary gaps for small cities at risk of closing what he deems as essential city services.
7h ago -
Norman Regional Health System says it will use interim financing to make a Sept. 1 debt service payment that bondholders agreed to delay.
7h ago -
The plan aims to fundamentally change how the state collects tax revenue, aiming to eventually shrink the income tax to nothing.
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