Financial Data for the week ending April 3, 2020

Source:

http://creditbubblebulletin.blogspot.com/2020/04/weekly-commentary-king-of-sovereign.html

For the 

week ending

April 3, 2020:

S&P500 

declined 2.1% (down 23.0% y-t-d)

Dow industrials

fell 2.7% (down 26.2%)

Dow Utilities 

dropped 6.5% (down 18.6%)

Dow  Transports 

fell 5.0% (down 33.0%)

S&P 400 Midcaps 

dropped 6.0% (down 35.1%)

Small cap Russell 2000 

sank 7.1% (down 36.9%)

Nasdaq100 

dipped 0.8% (down 13.8%)

Biotechs 

rose 1.6% (down 13.0%). 

While gold bullion dipped $7, 

the HUI gold stock index 

gained 3.2% (down 17.2%).

 U.K.'s FTSE

fell 1.7% (down 28.2%).

Japan's Nikkei 

sank 8.0% (down 24.7% y-t-d). 

German DAX 

dipped 1.1% (down 28.1%). 

Spain's IBEX 35

fell 2.9% (down 31.1%). 

Italy's FTSE MIB

dropped 2.6% (down 30.3%)

 Brazil's Bovespa

 sank 5.3% (down 39.9%)

Mexico's Bolsa 

declined 2.1% (down 24.0%). 

South Korea's Kospi 

increased 0.4% (down 21.5%). 

India's Sensex 

sank 7.5% (down 33.1%). 

China's Shanghai

slipped 0.3% (down 9.4%). 

Turkey's Istanbul National 100

gained 1.6% (down 21.7%). 

Russia's MICEX

surged 7.1% (down 15.6%).

U. S. Bonds  &  Mortgages

US Ten-year Treasury yields

 fell eight bps to 0.60%

    (down 132bps). 

US Treasury long bond yields 

dropped five bps to 1.21% 

   (down 118bps). 

Freddie Mac 30-year

 fixed mortgage rates 

sank 17 bps to 3.33% 

  (down 75bps y-o-y). 

Fifteen-year rates 

dropped eight bps to 2.82% 

   (down 74bps). 

Five-year hybrid ARM rates

 rose six bps to 3.40% 

   (down 26bps)

Jumbo mortgage 

30-year fixed rates 

up 13 bps to 3.97% 

   (down 33bps).

Over the past year, 

Fed Credit 

expanded $1.666 TN, 

or 42.6%. 

M2  "Narrow money" 

surged $1.791 TN,

 or 12.3%, 

over the past year. 

Commodities Watch:

Bloomberg Commodities 

Index declined 0.8% 

   (down 23.1% y-t-d). 

Spot Gold 

slipped 0.5% to $1,621 (up 6.8%).

Silver 

declined 0.3% to $14.494 (down 19%). 

WTI crude oil

rallied $6.83 to $28.34 (down 54%).

Gasoline 

surged 20.6% (down 59%)

Natural Gas 

dropped 3.0% (down 26%). 

Copper 

gained 0.9% (down 22%). 

Wheat 

fell 3.9% (down 2%). 

Corn 

sank 4.4% (down 15%).