The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields rose one basis point this week, to 4.91%. It remained below its 4.95% level from two weeks ago.
The 11-Bond GO Index of higher-grade 20-year GO yields gained two basis points this week, to 4.65%, but still remained below its 4.70% level from two weeks ago.
The Revenue Bond Index, which measures 30-year revenue bond yields, fell four basis point this week, to 5.52%. It is now at its lowest level since Jan. 6, 2011 (nine weeks ago), when it was 5.44%.
The Bond Buyer’s One-Year Note Index was unchanged for the second consecutive week, at 0.51%.
The yield on the U.S. Treasury’s 10-year note declined 20 basis points this week, to 3.37%. It is now at its lowest level since Jan. 13, 2011 (eight weeks ago), when it was 3.31%.
The yield on the Treasury’s 30-year bond dropped 12 basis points this week, to 4.52%, which is the lowest it has been since Jan. 13, 2011 (eight weeks ago), when it was 4.50%.
