The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields declined 14 basis points this week, to 3.83%. This is the lowest level for the index since Oct. 14, 2010 (44 weeks ago), when it was 3.829%.
The 11-Bond GO Index of higher-grade 20-year GO yields dropped 13 basis points this week, to 3.55%, which is the lowest it has been since April 20, 1967 (44 years ago), when it was 3.53%.
The Revenue Bond Index, which measures 30-year revenue bond yields, gained one basis point this week, to 5.10%. But it remained well below its 5.21% figure from two weeks ago.
The Bond Buyer’s One-Year Note Index declined one basis points this week, to 0.31%. But it remained above its 0.29% level from two weeks ago.
The yield on the U.S. Treasury’s 10-year note dropped 26 basis points this week, to 2.09%. This is the lowest the 10-year yield has been since Dec. 18, 2008 (139 weeks ago), when it was 2.05%. That 2.05% yield, in turn, was the lowest in at least six decades.
The yield on the Treasury’s 30-year bond declined 34 basis points this week, to 3.45%. It has not been lower since Jan. 22, 2009 (134 weeks ago), when it was 3.25%.
Bond Buyer Indexes Mixed This Week
Published August 18, 2011, 4:05 p.m. EDT
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