The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields decreased 28 basis points this week, to 4.19%. This is the lowest level for the index since Nov. 4, when it was 4.02%.
The 11-Bond GO Index of higher-grade 20-year GO yields fell 29 basis point this week, to 3.90%, which is the lowest it has been since Nov. 4, when it was 3.77%.
The Revenue Bond Index, which measures 30-year revenue bond yields, dropped 11-basis points this week, to 5.21%. This is the lowest the index has been since Dec. 2, when it was 5.18%.
The Bond Buyer’s One-Year Note Index decreased two basis points this week, to 0.29%. This is the lowest the index has been since July 20 (two weeks ago), when it was 0.28%. The index began on July 20, 1989.
The yield on the U.S. Treasury’s 10-year note declined 52-basis points this week, to 2.44%, but the last time it was lower was on Oct. 7 at 2.40%.
The yield on the Treasury’s 30-year bond was lower by 59-basis points this week, at 3.70%. It has not been lower since Sept. 30, when it was 4.69%.
Bond Buyer Indexes Plunge This Week
Published August 04, 2011, 6:15 p.m. EDT
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