Market Data: Week Ending July 4, 2014

Market Index	12/31/   2013	7/4/2014	Week Change	Simple YTD
Dow Industrials Avg	16,576.66	17,068.26	1.27%	2.97%
S&P 500 Index	1,848.36	1,985.44	1.23%	7.42%
Fed Funds Rate	0.08%	0.09%	0.02%	12.50%
10 yr T-note Yld	3.04%	2.65%	0.11%	-12.83%
5 yr T-note Yld	1.75%	1.74%	0.10%	-0.57%
5 yr TIPS - 'Real' Yld	0.07%	-0.41%	0.08%	685.71%
Implied 5 yr Inflation %	1.68%	2.15%	0.02%	27.98%
2 yr T-note Yld	0.38%	0.52%	0.07%	36.84%
2-10 Yr Slope	1.64%	2.13%	0.04%	29.88%
90 day T-bill Yld	0.07%	0.01%	-0.02%	-85.71%
Gold ($/oz)	$1,204.80	$1,320.40	$4.40	9.59%
WTI Oil ($/brl)	$98.70	$104.09	-$1.65	5.46%
VIX "Worry Index"	13.72	10.32	-0.94	-24.78%
Credit Spreads	12/31/   2013	7/4/2014	Week Change	Simple YTD
Inv Grade Credit Idx	3.87%	3.54%	0.08%	-8.53%
High Yield Credit Idx	5.95%	5.34%	0.02%	-10.25%
Markit CDX No Am Inv Grade	62	55	-2.00	-7.00
Markit CDX No Am HiVol	135	117	-1.00	-18.00
High Yield to 10 yr T-Note Spread	291	269	-9.00	-22.00