Market Data: Week Ending April 25, 2014

Market Index	12/31/   2013	4/25/     2014	Week Change	Simple YTD %
Dow Industrials Avg	16,576.66	16,361.46	-0.29%	-1.30%
S&P 500	1,848.36	1,863.40	-0.08%	0.81%
Fed Funds Rate	0.08%	0.08%	-0.01%	0.00%
10 yr T-note Yld	3.04%	2.68%	-0.05%	-11.84%
5 yr T-note Yld	1.75%	1.72%	-0.03%	-1.71%
5 yr TIPS - 'Real' Yld	0.07%	-0.24%	-0.04%	442.86%
Implied 5 yr Inflation %	1.68%	1.96%	0.01%	16.67%
2 yr T-note Yld	0.38%	0.43%	0.00%	13.16%
2-10 Yr Slope	1.64%	2.25%	-0.05%	37.20%
90 day T-bill Yld	0.07%	0.03%	0.00%	-57.14%
Gold ($/oz)	$1,204.80	$1,303.60	$9.00	8.20%
WTI Oil ($/brl)	$98.70	$100.69	-$3.90	2.02%
VIX "Worry Index"	13.72	14.06	0.70	2.48%
Credit Spreads	12/31/   2013	4/25/     2014	Week Change	Simple YTD %
Inv Grade Credit Idx	3.87%	3.55%	-0.01%	-8.27%
High Yield Credit Idx	5.95%	5.62%	-0.01%	-5.55%
Markit CDX No Am Inv Grade	62	66	-2.94%	6.45%
Markit CDX No Am HiVol	135	142	-2.07%	5.19%
High Yield to 10 yr T-Note Spread	291	294	1.38%	1.03%