Market Data: Week Ending July 13, 2012

Market Index	12/30/   2011	7/13/     2012	Week Change	Simple YTD %
Dow Industrials Avg	12,217.56	12,777.09	0.04%	4.58%
S&P 500	1,257.60	1,356.78	0.15%	7.89%
Fed Funds Rate	0.04%	0.18%	0.00%	350.00%
10 yr T-note Yld	1.88%	1.49%	-0.06%	-20.74%
5 yr T-note Yld	0.83%	0.62%	-0.02%	-25.30%
5 yr TIPS - 'Real' Yld	-0.89%	-1.19%	-0.04%	-33.71%
Implied 5 yr Inflation %	1.72%	1.81%	0.02%	5.23%
2 yr T-note Yld	0.24%	0.24%	-0.03%	0.00%
2-10 Yr Slope	1.64%	1.25%	-0.03%	-23.78%
90 day T-bill Yld	0.01%	0.08%	0.01%	700.00%
Gold ($/oz)	$1,566.80	$1,585.40	$6.50	1.19%
WTI Oil ($/brl)	$98.83	$86.66	$2.21	-12.31%
VIX "Worry Index"	23.4	16.74	-0.36	-28.46%
Credit Spreads	12/30/   2011	7/13/     2012	Week Change	Simple YTD %
Inv Grade Credit Idx	4.63%	3.53%	-0.10%	-23.76%
Mid Grade Credit Idx	8.86%	7.39%	0.05%	-16.59%
Markit CDX Inv Grd Idx	120	113	3.67%	-5.83%
Markit CDX Mid Grd Idx	247	216	3.35%	-12.55%
Mid Grade to 10 yr T-Note Spread	698	590	1.90%	-15.47%