Financial data for the week ending March 27, 2020

Source:

http://creditbubblebulletin.blogspot.com/2020/03/weekly-commentary-solvency-problem.html

For the Week:

S&P500 jumped 10.3% 

  (down 21.3% y-t-d)

Dow Industrials surged 12.8% 

   (down 24.2%)

Dow Utilities rose 17.1% 

   (down 13.0%)

Dow Transports rallied 12.6% 

   (down 29.4%)

S&P 400 Midcaps jumped 13.0% 

    (down 31.0%)

Small cap Russell 2000 rallied 11.6% 

    (down 32.2%)

Nasdaq100 increased 8.5% 

    (down 13.1%)

Biotechs gained 9.3%

   (down 14.4%). 

With bullion surging $130, 

the HUI gold stock index 

recovered 16.8% 

   (down 19.7%)

 U.K.'s FTSE recovered 6.2% 

   (down 26.9%).

Japan's Nikkei surged 17.1% 

   (down 18.0% y-t-d).   

France's CAC40 rallied 7.5% 

   (down 27.2%). 

German DAX gained 7.9% 

   (down 27.3%). 

Spain's IBEX 35 increased 5.2% 

   (down 29.0%). 

Italy's FTSE MIB rallied 6.9% 

   (down 28.4%)

Brazil's Bovespa jumped 9.5% 

   (down 36.5%)

Mexico's Bolsa declined 1.4% 

   (down 22.4%). 

South Korea's Kospi recovered 9.7% 

   (down 21.8%). 

India's Sensex slipped 0.3% 

   (down 27.7%). 

China's Shanghai gained 1.0% 

   (down 9.1%). 

Turkey's Istanbul National 100 rose 2.7% 

   (down 23.0%). 

Russia's MICEX advanced 3.0%

    (down 21.2%).

U.S. Ten-year Treasury yields 

dropped 17 bps to 0.68% 

(down 124bps). 

US Treasury long bond yields 

fell 15 bps to 1.27% 

   (down 112bps)

Freddie Mac 30-year 

fixed mortgage rates 

dropped 15 bps to 3.50%

   (down 56bps y-o-y). 

Fifteen-year rates 

fell 16 bps to 2.90% 

   (down 67bps). 

Five-year hybrid ARM rates 

jumped 23 bps to 3.34% 

   (down 41bps).

Jumbo mortgage 

30-year fixed rates 

down 24 bps to 3.84% 

   (down 32bps).

Federal Reserve Credit last week surged $507.3bn to a record $4.970 TN, with a 29-week gain of $1.096 TN. Over the past year, Fed Credit expanded $1.049 TN, or 26.8%. 

M2 (narrow) "money" supply surged $170.1bn last week to a record $15.862 TN. "Narrow money" surged $1.388 TN, or 9.6%, over the past year. 

Commodities Watch:

The Bloomberg Commodities Index 
rallied 2.6% (down 22.5% y-t-d). 

Spot Gold surged 8.6% to $1,628 (up 7.2%). 

Silver rallied 17.4% to $14.534 (down 19%). 

WTI crude fell another $1.12 to $21.51 (down 65%). 

Gasoline sank 5.2% (down 66%)

Natural Gas slipped 0.2% (down 24%). 

Copper was unchanged (down 22%). 

Wheat rallied 5.9% (up 2%). 

Corn increased 0.7% (down 11%).