The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased four basis points this week, to 3.69%. But it remained below its 3.70% level from two weeks ago.
The 11-Bond GO Index of higher-grade 20-year GO yields also rose four basis points this week, to 3.43%. This is its highest level since Jan. 5, 2012 (seven weeks ago), when it was 3.57%.
The Revenue Bond Index, which measures 30-year revenue bond yields, gained one basis point this week, to 4.75%. But it is still below its 4.77% level from two weeks ago.
The Bond Buyer’s One-Year Note Index, which is based on one-year GO note yields, declined one basis point this week, to an all-time low of 0.23%. The previous record low was 0.24%, first set on Jan. 18, 2012. The index began in July 1989.
The yield on the U.S. Treasury’s 10-year note was unchanged this week, at 1.99%.
The yield on the Treasury’s 30-year bond fell one basis points this week, to 3.13%. This is its lowest level since Feb. 2, 2012 (three weeks ago), when it was 3.01%.
Bond Buyer Indexes Rise This Week
Published February 23, 2012, 3:45 p.m. EST
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