Market Data: Week Ending July 26, 2013

Market Index	12/31/ 2012	7/26/ 2013	Week Change	Simple YTD %
Dow Industrials Avg	13,104.14	15,558.83	0.10%	18.73%
S&P 500	1,426.19	1,691.65	-0.03%	18.61%
Fed Funds Rate	0.09%	0.09%	0.00%	0.00%
10 yr T-note Yld	1.78%	2.58%	0.08%	44.94%
5 yr T-note Yld	0.72%	1.36%	0.05%	88.89%
5 yr TIPS - 'Real' Yld	-1.37%	-0.45%	0.09%	67.15%
Implied 5 yr Inflation %	1.72%	1.81%	-0.04%	5.23%
2 yr T-note Yld	0.25%	0.31%	-0.01%	24.00%
2-10 Yr Slope	1.64%	2.27%	0.09%	38.41%
90 day T-bill Yld	0.05%	0.03%	0.00%	-40.00%
Gold ($/oz)	$1,664.00	$1,331.90	$36.90	-19.96%
WTI Oil ($/brl)	$91.74	$104.70	-$3.46	14.13%
VIX "Worry Index"	18.02	12.72	0.18	-29.41%
Credit Spreads	12/31/ 2012	7/26/ 2013	Week Change	Simple YTD %
Inv Grade Credit Idx	3.36%	3.89%	0.07%	15.77%
High Yield Credit Idx	6.76%	6.17%	0.21%	-8.73%
Markit CDX No Am Inv Grade	96	76	2.70%	-20.83%
Markit CDX No Am HiVol	196	160	1.27%	-18.37%
High Yield to 10 yr T-Note Spread	498	359	3.76%	-27.91%