The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined two basis points this week, to 4.49%. This is the lowest level for the index since Nov. 10, 2010 (30 weeks ago), when it was 4.24%.
The 11-Bond GO Index of higher-grade 20-year GO yields also dropped two basis points this week, to 4.23%, which is the lowest it has been since Nov. 10, 2010 (30 weeks ago), when it was 3.98%.
The Revenue Bond Index, which measures 30-year revenue bond yields, rose one basis point this week, to 5.34%. But it remained below its 5.38% level from two weeks ago.
The Bond Buyer’s One-Year Note Index fell one basis points this week, to 0.39%, but remained above its all-time low of 0.3% from two weeks ago.
The yield on the U.S. Treasury’s 10-year note declined three basis points this week, to 3.00%. This is the lowest level for the yield since Dec. 2, 2010 (27 weeks ago), when it was also 3.00%.
The yield on the Treasury’s 30-year bond dropped two basis points this week, to 4.23%, the same level as two weeks ago.
