DJIA: 11009 (up 30.7% from 8426 one year ago), divs. not included
SP500: 1187 (up 30.9% from 907 one year ago), divs. not included
IWM (iShares Russell 2000 ETF): $71.65 (1 yr total return: 52.6%)
30-yr fixed mortgage rate: 5.06% (Freddie Mac PMMS)
15-yr fixed mortgage rate: 4.39% (Freddie Mac PMMS)
Treasury rates: 3mo: 0.16%; 1yr: 0.41%; 2yr: 0.97%; 5yr: 2.43%; 10yr: 3.69%; 30yr: 4.53%
Treasury real rates (based on TIPs): 5yr: 0.42%; 10yr: 1.29%; 20yr: 1.68%; 30yr: 1.85%
AAA Corporates: 5yr: 2.84%; 10yr: 3.57%; 20yr: 4.91%
Unemployment (March 2010): 9.7%
Notes:
Greek credit crisis expands. Estimates include $193billion of exposure of Eurpean banks to Greek debt, while EU leaders argue about $61billion bailout. Meanwhile, Portugal, Spain, Ireland have been downgraded and may represent additional massive exposure.
Ongoing SEC charges against Goldman Sachs and further revelations about how they marketed certain synthetic CDOs have continued to shake up the equity markets. GS down 9.4% today, down more than 21% since charges were filed on Apr 16.