SOURCE: Credit Bubble Bulletin
For the Week Ending December 23, 2022:
US STOCKS:
S&P500 slipped 0.2% (down 19.3% y-t-d)
Dow Industrials increased 0.9% (down 8.6%)
Utilities rallied 1.5% (down 1.8%)
Banks recovered 1.7% (down 24.9%)
Broker/Dealers gained 1.1% (down 7.5%)
Transports fell 1.3% (down 17.7%)
S&P 400 Midcaps increased 0.8% (down 14.3%)
Small cap Russell 2000 was little changed (down 21.6%).
Nasdaq100 lost 2.3% (down 32.7%).
Semiconductors dropped 3.8% (down 35.7%)
Biotechs dipped 0.6% (down 4.0%).
the HUI gold equities index rallied 4.4% (down 10.5%).
FOREIGN STOCKS:
U.K.'s FTSE rallied 1.9% (up 1.2% y-t-d).
Japan's Nikkei sank 4.7% (down 8.9% y-t-d).
France's CAC40 increased 0.8% (down 9.1%).
German DAX gained 0.3% (down 12.2%).
Spain's IBEX 35 recovered 1.9% (down 5.1%).
Italy's FTSE MIB increased 0.8% (down 12.7%).
Brazil's Bovespa rallied 6.7% (down 4.7%)
Mexico's Bolsa recovered 1.9% (down 5.1%).
South Korea's Kospi fell 2.0% (down 22.3%).
India's Sensex dropped 2.4% (up 2.7%).
China's Shanghai Exchange sank 3.9% (down 16.3%).
Turkey's Istanbul National 100 index jumped 4.6% (up 194%).
Russia's MICEX slipped 0.4% (down 43.9%).
US BONDS:
Three-month Treasury bill rates ended the week at 4.1825%.
Two-year government yields jumped 14 bps to 4.32% (up 359bps y-t-d).
Five-year T-note yields rose 23 bps to 3.86% (up 259bps).
Ten-year Treasury yields surged 26 bps to 3.75% (up 224bps). Long bond yields jumped 28 bps to 3.83% (up 192bps).
Benchmark Fannie Mae MBS yields surged 30 bps to 5.20% (up 313bps).
FEDERAL RESERVE BANK
Federal Reserve Credit declined $16.4bn last week at $8.531 TN. Fed Credit was down $370bn from the June 22nd peak. Over the past 171 weeks, Fed Credit expanded $4.820 TN, or 129%.
US MORTGAGES:
Freddie Mac 30-year fixed mortgage rates increased three bps to 6.20% (up 315bps y-o-y).
Fifteen-year rates slipped two bps to 5.50% (up 320bps).
Five-year hybrid ARM rates gained three bps to 5.39% (up 302bps).
Bankrate's survey of jumbo mortgage borrowing costs had 30-year fixed rates down four bps to 6.57% (up 334bps).
CURRENCY:
For the week, the U.S. Dollar Index declined 0.4% to 104.31 (up 9.0% y-t-d).
The Chinese (onshore) renminbi declined 0.23% versus the dollar (down 9.07% y-t-d).
COMMODITIES:
Bloomberg Commodities Index was little changed (up 13.5% y-t-d).
Spot Gold increased 0.3% to $1,798 (down 1.7%).
Silver gained 2.2% to $23.73 (up 1.8%).
WTI crude surged $5.27 to $79.56 (up 6%).
Gasoline rallied 11.8% (up 7%)
Natural Gas sank 23.0% to $5.08 (up 36%).
Copper rallied 1.3% (down 15%).
Wheat jumped 3.0% (up 1%)
Corn rose 2.0% (up 12%).
Bitcoin was up $200, or 1.2%, this week to $16,800 (down 64%).
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.