The Bond Buyer's 20-Bond GO Index of 20-year general obligation yields declined 11 basis points this week, to 4.26%. That is the lowest the index has been since Dec. 30, 2009 (29 weeks ago), when it was 4.25%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped 12 basis points this week, to 3.97%, which is the lowest level for the index since Dec. 30, 2009 (29 weeks ago), when it was also 3.97%.
The Revenue Bond Index, which measures 30-year revenue bond yields, rose one basis point this week, to 4.78%. But it remained below its 4.79% level from two weeks ago.
The Bond Buyer's One-Year Note Index rose three basis points this week, to 0.54%, but is still below its 0.59% level from two weeks ago.
The yield on the U.S. Treasury's 10-year note fell five basis points this week, to 2.93%. This is the lowest the yield has been since April 23, 2009 (65 weeks ago), when it was also 2.93%.
The yield on the Treasury's 30-year bond dropped two basis points this week, to 3.95%, which is its lowest level since July 1, 2010 (three weeks ago), when it was 3.88%.
-
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.
4h ago -
"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.
5h ago -
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.
6h 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.
7h ago










