Market Data: Week Ending January 23, 2015

Market Index	12/31/   2014	1/23/     2015	Week Change	Simple YTD
Dow Industrials Avg	17,983.07	17,672.60	0.91%	-1.73%
S&P 500 Index	2,058.90	2,051.82	1.58%	-0.34%
Fed Funds Rate	0.03%	0.03%	-0.03%	0.00%
10 yr T-note Yld	2.17%	1.81%	-0.02%	-16.59%
5 yr T-note Yld	1.65%	1.33%	0.04%	-19.39%
5 yr TIPS - 'Real' Yld	0.33%	-0.08%	-0.06%	124.24%
Implied 5 yr Inflation %	1.32%	1.41%	0.10%	6.82%
2 yr T-note Yld	0.67%	0.52%	0.03%	-22.39%
2-10 Yr Slope	1.50%	1.29%	-0.05%	-14.00%
90 day T-bill Yld	0.04%	0.02%	-0.01%	-50.00%
Gold ($/oz)	$1,183.20	$1,294.10	$13.80	9.37%
WTI Oil ($/brl)	$53.71	$45.29	-$3.62	-15.68%
VIX "Worry Index"	19.20	16.66	-4.29	-13.23%
Credit Spreads	12/31/   2014	1/23/     2015	Week Change	Simple YTD
Inv Grade Credit Idx	3.70%	3.36%	-0.04%	-9.19%
High Yield Credit Idx	6.80%	6.43%	-0.07%	-5.44%
Markit CDX No Am Inv Grade	66	68	-5.00	2.00
Markit CDX No Am HiVol	0	0	0.00	0.00
High Yield to 10 yr T-Note Spread	463	462	-5.00	-1.00