New 20-year treasuries were not issued for the period 1987 through late 1993. New 30-year treasuries were not issued for the periods before 1977 and from late 2001 to early 2006. Older 20- and 30-year issues were still being traded during some of these blacked-out periods, but the absence of new issues for significant periods to me brings a bias to the averaging for the period in question (1968-2008). Though I am sure there are a lot of ways to look at it.
Who knows what the author in the piece Dumbstruck cited used. The omission of more details makes the piece seem to be the work of cherry- pickers.