Financial Data Summary of the week ending December 9, 2022

SOURCE:  Credit Bubble Bulletin : Weekly Commentary: Blackstone, Inflection Points and the Z.1

 For the Week Ending December 9, 2022

US STOCKS:

S&P500 dropped 3.4% (down 17.5% y-t-d)

Dow Industrials fell 2.8% (down 7.9%)

Utilities were little changed (down 2.7%)

Banks sank 5.5% (down 24.0%)

Broker/Dealers slumped 4.4% (down 4.3%)

Transports sank 5.2% (down 16.5%)

S&P 400 Midcaps fell 4.1% (down 13.1%)

Small cap Russell 2000 lost 5.1% (down 20.0%)

Nasdaq100 dropped 3.6% (down 29.1%)

Semiconductors declined 1.8% (down 31.0%)

Biotechs fell 4.0% (down 5.4%). 

While bullion was unchanged, 

the HUI gold equities index 

stumbled 3.9% (down 12.0%).

FOREIGN  STOCKS:

U.K.'s FTSE declined 1.1% (up 1.2% y-t-d). 

Japan's Nikkei increased 0.4% (down 3.1% y-t-d). 

France's CAC40 fell 1.0% (down 6.6%)

German DAX lost 1.1% (down 9.5%). 

Spain's IBEX 35 declined 1.1% (down 4.9%). 

Italy's FTSE MIB fell 1.4% (down 11.2%)

Brazil's Bovespa sank 3.9% (up 2.6%)

Mexico's Bolsa fell 1.5% (down 5.3%). 

South Korea's Kospi slumped 1.9% (down 19.8%). 

India's Sensex declined 1.1% (up 6.7%). 

China's Shanghai Exchange rose 1.6% (down 11.9%). 

Turkey's Istanbul National 100 index gained 0.9% (up 169%). 

Russia's MICEX was little changed (down 42.5%).

US  BONDS:
Three-month Treasury bill rates ended the week at 4.1625%. 

Two-year government yields rose seven bps to 4.35% (up 361 bps y-t-d). 

Five-year T-note yields jumped 12 bps to 3.77% (up 251bps). 

Ten-year Treasury yields gained nine bps to 3.58% (up 207bps). 

Long bond yields added a basis point to 3.56% (up 166bps). 

Benchmark Fannie Mae MBS yields surged 27 bps to 5.16% (up 309bps).

FEDERAL  RESERVE  BANK
Federal Reserve Credit declined $22.6bn last week to $8.546 TN. Fed Credit was down $354bn from the June 22nd peak. Over the past 169 weeks, Fed Credit expanded $4.820 TN, or 129%. 

US  MORTGAGES:
Freddie Mac 30-year fixed mortgage rates dropped 11 bps to a three-month low 6.28% (up 318bps y-o-y). 

Fifteen-year rates fell 11 bps to 5.68% (up 330bps). 

Five-year hybrid ARM rates slipped two bps to 5.47% (up 302bps). 

Bankrate's survey of jumbo mortgage borrowing costs had 30-year fixed rates up 14 bps to 6.63% (up 338bps).

CURRENCY:
For the week, the U.S. Dollar Index increased 0.3% to 104.81 (up 9.6% y-t-d). 

The Chinese (onshore) renminbi gained 1.37% versus the dollar (down 8.66% y-t-d).

COMMODITIES:
Bloomberg Commodities Index dropped 2.4% (up 12.7% y-t-d). 

Spot Gold was unchanged at $1,797 (down 1.7%). 

Silver increased 1.4% to $23.47 (up 0.7%). 

Copper increased 0.7% (down 13.1%). 

WTI crude sank $8.96 to $71.02 (down 5.6%). 

Gasoline dropped 9.8% (down 7.7%)

Natural Gas slipped 0.6% to $6.25 (up 67%). 

Wheat slumped 3.5% (down 4.7%)

Corn slipped 0.3% (up 8.6%). 

Bitcoin was up $80 this week, or 0.5%, 

to $17,146 (down 63%).