The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields increased four basis points this week, to 3.75%. But it remained below its 3.81% 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 3.53%, but remained below its 3.59% level from two weeks ago.
The Revenue Bond Index, which measures 30-year revenue bond yields, gained two basis points this week, to 4.75%. It still remained 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 0.24%. This is its lowest level since April 18, 2012 (four weeks ago), when it was 0.23%.
The yield on the U.S. Treasury’s 10-year note declined 18 basis points this week, to 1.71%. This matches its most recent low of 1.71%, recorded on Sept. 22, 2011 (34 weeks ago), which was its lowest level since the 1950s.
The yield on the Treasury’s 30-year bond dropped 25 basis points this week, to 2.81%, which is its lowest level since Sept. 22, 2011 (34 weeks ago), when it was 2.79%.
