Table 9
Yields On Government And Electric Utility Bonds
Date

Overall Electric Utility Bond Yields

Government Bond Yield

Difference
December 1990

9.58%

8.28%

1.30%
December 1989

9.33%

7.99%

1.34%
December 1988

10.09%

9.10%

0.99%
December 1987

10.91%

9.20%

1.71%
December 1986

9.00%

7.68%

1.32%
December 1985

10.56%

10.18%

0.38%

Sources: Statistical Yearbook of the Electric Utility Industry/1990, Edison Electric Institute, page 92 and Federal Reserve Electronic Database, Internet, Long-Term Government Securities, Excluding flower Bonds.