The Wall Street Journal - 16.08.2019

(Nancy Kaufman) #1

B8| Friday, August 16, 2019 THE WALL STREET JOURNAL.


Metal & Petroleum Futures
Contract Open
Open High hi lo Low Settle Chg interest
Copper-High(CMX)-25,000 lbs.; $ per lb.
Aug 2.5820 2.5820 2.5820 2.58950.0030 814
Sept 2.5920 2.6060 2.5745 2.59500.0030 120,580
Gold(CMX)-100 troy oz.; $ per troy oz.
Aug 1519.80 1522.70 1510.60 1519.60 3.70 1,831
Oct 1521.10 1531.40 1512.20 1525.10 3.50 49,051
Dec 1526.60 1537.70 1518.30 1531.20 3.40 448,077
Feb'20 1535.00 1543.20 1524.90 1537.20 3.40 44,652
April 1540.40 1545.70 1530.10 1542.10 3.30 23,868
June 1545.70 1549.50 1534.50 1545.90 3.00 21,168
Palladium(NYM)- 50 troy oz.; $ per troy oz.
Aug 1437.10 1437.10 1437.10 1439.00 23.00
Sept 1416.30 1444.00 1414.10 1438.60 22.20 15,912
Dec 1417.90 1443.80 1417.90 1440.50 22.40 5,490
Platinum(NYM)-50 troy oz.; $ per troy oz.
Aug ... ... ... 839.30 –6.00 110
Oct 847.30 850.50 835.80 842.00 –6.00 71,938
Silver(CMX)-5,000 troy oz.; $ per troy oz.
Aug ... ... ... 17.188–0.065 140
Sept 17.190 17.370 17.075 17.214–0.066 113,808
Crude Oil, Light Sweet(NYM)-1,000 bbls.; $ per bbl.
Sept 54.90 55.33 53.77 54.47 –0.76 137,250
Oct 54.92 55.32 53.77 54.42 –0.83 342,127
Nov 54.65 55.06 53.50 54.09 –0.90 200,979
Dec 54.29 54.71 53.16 53.71 –0.95 266,834
June'20 52.69 53.13 51.69 52.07 –1.02 161,450
Dec 51.91 52.16 50.88 51.19 –0.92 161,261
NY Harbor ULSD(NYM)-42,000 gal.; $ per gal.
Sept 1.8369 1.8439 1.8032 1.8107–.0330 99,833
Oct 1.8444 1.8514 1.8109 1.8186–.0328 91,270
Gasoline-NY RBOB(NYM)-42,000 gal.; $ per gal.
Sept 1.6641 1.6741 1.6303 1.6364–.0394 87,625
Oct 1.5246 1.5381 1.4973 1.5069–.0333 112,989
Natural Gas(NYM)-10,000 MMBtu.; $ per MMBtu.
Sept 2.159 2.267 2.138 2.232 .089 225,169
Oct 2.167 2.273 2.148 2.237 .083 329,673
Nov 2.239 2.340 2.221 2.304 .076 169,592
Dec 2.430 2.522 2.411 2.483 .067 134,697
Jan'20 2.541 2.627 2.521 2.588 .059 121,022
March 2.450 2.523 2.438 2.481 .043 84,072


Agriculture Futures

Corn(CBT)-5,000 bu.; cents per bu.
Sept 360.25 363.75 358.25 360.75 1.75 355,898
Dec 371.50 374.75 369.00 371.00 .75 790,738
Oats(CBT)-5,000 bu.; cents per bu.
Sept 276.00 278.25 272.50 274.75 –2.00 413


Futures Contracts Open High hiloContractLow Settle Chg interestOpen Open High hiloContractLow Settle Chg interestOpen Open High hiloContractLow Settle Chg interestOpen


Dec 272.00 272.75 264.50 267.00 –4.75 4,078
Soybeans(CBT)-5,000 bu.; cents per bu.
Sept 866.75 872.00 857.75 858.00 –7.50 66,474
Nov 879.25 885.00 870.25 870.75 –7.25 336,417
Soybean Meal(CBT)-100 tons; $ per ton.
Sept 295.20 296.30 291.50 291.80 –2.80 59,296
Dec 300.90 301.80 296.60 296.90 –3.00 195,893
Soybean Oil(CBT)-60,000 lbs.; cents per lb.
Sept 29.11 29.40 28.97 29.07 –.10 50,028
Dec 29.50 29.78 29.35 29.45 –.10 212,151
Rough Rice(CBT)-2,000 cwt.; $ per cwt.
Sept 1150.00 1150.00 1129.00 1132.00–18.00 3,573
Nov 1174.50 1174.50 1158.50 1161.00–17.00 4,313
Wheat(CBT)-5,000 bu.; cents per bu.
Sept 475.75 477.25 468.50 469.00 –4.75 89,086
Dec 480.75 482.00 473.25 474.50 –3.75 166,698
Wheat(KC)-5,000 bu.; cents per bu.
Sept 386.00 392.00 384.50 389.75 5.00 76,704
Dec 401.25 406.75 400.25 404.25 3.50 135,012
Cattle-Feeder(CME)-50,000 lbs.; cents per lb.
Aug 134.975 137.775 134.325 135.775 1.300 3,928
Oct 134.150 136.600 133.075 133.750 .375 15,301
Cattle-Live(CME)-40,000 lbs.; cents per lb.
Aug 100.500 101.300 100.000 100.200 ... 7,935
Oct 99.250 99.850 t 98.125 98.525 .025 151,099
Hogs-Lean(CME)-40,000 lbs.; cents per lb.
Oct 67.500 68.550 64.525 65.000–1.775 97,632
Dec 65.375 66.525 63.200 63.750–1.025 57,336
Lumber(CME)-110,000 bd. ft., $ per 1,000 bd. ft.
Sept 347.60 356.00 344.80 354.20 6.10 1,738
Nov 344.10 350.00 340.10 349.30 5.20 862
Milk(CME)-200,000 lbs., cents per lb.
Aug 17.63 17.66 17.61 17.64 ... 2,937
Sept 17.80 17.87 17.73 17.77 –.03 3,441
Cocoa(ICE-US)-10 metric tons; $ per ton.
Sept 2,160 2,167 t 2,132 2,134 –9 10,982
Dec 2,221 2,228 2,192 2,198 –6 104,345
Coffee(ICE-US)-37,500 lbs.; cents per lb.
Sept 94.70 95.70 94.15 94.55 .10 29,926
Dec 98.00 99.05 97.55 98.00 .10 114,233
Sugar-World(ICE-US)-112,000 lbs.; cents per lb.
Oct 11.62 11.74 11.51 11.63 .02 530,890
March'20 12.67 12.77 12.55 12.68 .04 279,996
Sugar-Domestic(ICE-US)-112,000 lbs.; cents per lb.
Nov 25.76 25.81 25.76 25.81 .04 3,005
Jan'20 26.10 26.10 26.10 26.10 ... 1,245
Cotton(ICE-US)-50,000 lbs.; cents per lb.
Oct 59.90 60.12 59.52 59.66 .05 265
Dec 59.43 60.18 59.25 59.62 .05 139,880
Orange Juice(ICE-US)-15,000 lbs.; cents per lb.
Sept 98.90 98.95 97.00 97.60 –1.20 12,011
Nov 101.75 101.75 99.60 100.20 –1.50 5,061

Interest Rate Futures
Ultra Treasury Bonds(CBT)- $100,000; pts 32nds of 100%
Sept 195-020 198-270 194-190 196-140 1-15.01,174,951
Dec 196-080 199-250 195-190 197-140 1-18.0 63,693
Treasury Bonds(CBT)-$100,000; pts 32nds of 100%
Sept 164-260 166-300 164-170 165-230 26.0 971,228
Dec 164-000 166-040 163-240 164-300 26.0 25,090
Treasury Notes(CBT)-$100,000; pts 32nds of 100%
Sept 130-140 131-110 130-100 130-305 14.03,868,617
Dec 131-020 132-000 130-305 131-190 15.0 196,471
5 Yr. Treasury Notes(CBT)-$100,000; pts 32nds of 100%
Sept 119-027 119-200 119-002 119-140 9.74,249,841
Dec 119-162 120-017 119-135 119-275 10.0 386,831
2 Yr. Treasury Notes(CBT)-$200,000; pts 32nds of 100%
Sept 107-235 107-302 107-230 107-282 4.23,535,133
Dec 107-311 108-061 107-302 108-040 4.6 431,422
30 Day Federal Funds(CBT)-$5,000,000; 100 - daily avg.
Aug 97.8775 97.8875 97.8725 97.8825 .0075 446,283
Oct 98.2100 98.2650 98.2050 98.2450 .0350 344,261
10 Yr. Del. Int. Rate Swaps(CBT)-$100,000; pts 32nds of 100%
Sept 114-200 115-155 114-125 115-015 18.0 26,609
Eurodollar(CME)-$1,000,000; pts of 100%
Aug 97.8725 97.9100 97.8625 97.9025 .0300 361,934
Sept 97.9950 98.0550s 97.9900 98.0350 .04001,447,799
Dec 98.1950 98.2850 98.1800 98.2600 .06501,865,502
March'2098.4500 98.5650s 98.4450 98.5300 .07501,258,922
Currency Futures
Japanese Yen(CME)-¥12,500,000; $ per 100¥
Aug .9441 .9461 .9367 .9426–.0021 1,019
Sept .9475 .9481 .9385 .9446–.0021 158,442
Canadian Dollar(CME)-CAD 100,000; $ per CAD
Aug .7523 .7527 .7498 .7505–.0002^557
Sept .7511 .7531 .7502 .7510–.0001 151,529
British Pound(CME)-£62,500; $ per £
Aug 1.2085 1.2143 1.2054 1.2111 .0050 1,032

Sept 1.2076 1.2168 1.2067 1.2126 .0049 265,350
Swiss Franc(CME)-CHF 125,000; $ per CHF
Sept 1.0306 1.0314 1.0257 1.0266–.0038 54,503
Dec 1.0388 1.0395 1.0341 1.0348–.0039 182
Australian Dollar(CME)-AUD 100,000; $ per AUD
Aug .6759 .6790 .6747 .6776 .0029 596
Sept .6755 .6797 .6753 .6782 .0028 173,096
Mexican Peso(CME)-MXN 500,000; $ per MXN
Aug .05229 .05100 .05062 .05091.00021 1
Sept .05047 .05080 .05021 .05069.00022 212,505
Euro(CME)-€125,000; $ per €
Aug 1.1144 1.1160 1.1094 1.1109–.0034 790
Sept 1.1167 1.1184 1.1117 1.1133–.0034 530,038

Index Futures
Mini DJ Industrial Average(CBT)-$5 x index
Sept 25373 25707 25226 25575 120 85,258
Dec 25367 25672 25200 25548 118 826
S&P 500 Index(CME)-$250 x index
Sept 2836.60 2871.20 2818.60 2848.60 7.90 31,554
Mini S&P 500(CME)-$50 x index
Sept 2836.00 2871.75 2817.75 2848.50 7.752,489,161
Dec 2836.00 2871.75 2818.25 2848.50 7.50 74,877
Mini S&P Midcap 400(CME)-$100 x index
Sept 1835.10 1858.10 1824.90 1834.70 –3.60 69,914
Mini Nasdaq 100(CME)-$20 x index
Sept 7469.0 7572.8 7388.3 7496.3 7.5 191,047
Dec 7485.8 7586.8 7407.3 7511.8 6.0 2,238
Mini Russell 2000(CME)-$50 x index
Sept 1465.80 1485.00 1455.10 1463.30 –5.00 456,335
Mini Russell 1000(CME)-$50 x index
Sept 1579.50 1581.90 1564.50 1576.20 2.40 8,393
U.S. Dollar Index(ICE-US)-$1,000 x index
Sept 97.82 98.10 97.68 98.01 .18 53,876
Source: FactSet

Cash Prices Thursday, August 15, 2019


These prices reflect buying and selling of a variety of actual or “physical” commodities in the marketplace—
separate from the futures price on an exchange, which reflects what the commodity might be worth in future
months.
Thursday
Energy


Coal,C.Aplc.,12500Btu,1.2SO2-r,w 65.800
Coal,PwdrRvrBsn,8800Btu,0.8SO2-r,w 12.050


Metals

Gold, per troy oz
Engelhard industrial 1517.00
Engelhard fabricated 1630.78
Handy & Harman base 1515.65
Handy & Harman fabricated 1682.37
LBMA Gold Price AM 1500.35
LBMA Gold Price PM
1513.25
Krugerrand,wholesale-e 1581.53
Maple Leaf-e 1596.74
American Eagle-e 1596.74
Mexican peso-e 1841.51
Austria crown-e 1493.59
Austria phil-e 1596.74
Silver, troy oz.
Engelhard industrial 17.2800
Engelhard fabricated 20.7360
Handy & Harman base 17.2400
Handy & Harman fabricated 21.5500
LBMA spot price £14.1500
(U.S.$ equivalent)
17.1150
Coins,wholesale $1,000 face-a 12753
Other metals
LBMA Platinum Price PM *851.0
Platinum,Engelhard industrial 840.0


Thursday
Platinum,Engelhard fabricated 940.0
Palladium,Engelhard industrial 1449.0
Palladium,Engelhard fabricated 1549.0
Aluminum, LME, $ per metric ton *1741.0
Copper,Comex spot 2.5895
Iron Ore, 62% Fe CFR China-s 88.8
Shredded Scrap, US Midwest-s,m 278
Steel, HRC USA, FOB Midwest Mill-s 601
Fibers and Textiles
Burlap,10-oz,40-inch NY yd-n,w 0.5250
Cotton,1 1/16 std lw-mdMphs-u 0.5666
Cotlook 'A' Index-t *70.90
Hides,hvy native steers piece fob-u 38.000
Wool,64s,staple,Terr del-u,w n.a.
Grains and Feeds
Barley,top-quality Mnpls-u n.a.
Bran,wheat middlings, KC-u 83
Corn,No. 2 yellow,Cent IL-bp,u 3.5800
Corn gluten feed,Midwest-u,w 100.1
Corn gluten meal,Midwest-u,w 364.6
Cottonseed meal-u,w 223
Hominy feed,Cent IL-u,w 102
Meat-bonemeal,50% pro Mnpls-u,w 213
Oats,No.2 milling,Mnpls-u 2.9975
Rice, Long Grain Milled, No. 2 AR-u,w 24.75
Sorghum,(Milo) No.2 Gulf-u 6.1788
SoybeanMeal,Cent IL,rail,ton48%-u 294.80
Soybeans,No.1 yllw IL-bp,u 8.2550
Wheat,Spring14%-pro Mnpls-u 5.8275

Thursday
Wheat,No.2 soft red,St.Louis-bp,u 4.6750
Wheat - Hard - KC (USDA) $ per bu-u 3.9725
Wheat,No.1soft white,Portld,OR-u 5.6750
Food
Beef,carcass equiv. index
choice 1-3,600-900 lbs.-u 196.81
select 1-3,600-900 lbs.-u 172.01
Broilers, National comp wtd. avg.-u,w 0.8324
Butter,AA Chicago 2.3300
Cheddar cheese,bbl,Chicago 176.00
Cheddar cheese,blk,Chicago 189.25
Milk,Nonfat dry,Chicago lb. 103.00
Coffee,Brazilian,Comp 0.9568
Coffee,Colombian, NY 1.2920
Eggs,large white,Chicago-u 0.5250
Flour,hard winter KC 13.10
Hams,17-20 lbs,Mid-US fob-u n.a.
Hogs,Iowa-So. Minnesota-u 77.68
Pork bellies,12-14 lb MidUS-u n.a.
Pork loins,13-19 lb MidUS-u 0.9486
Steers,Tex.-Okla. Choice-u 105.00
Steers,feeder,Okla. City-u,w 143.13
Fats and Oils
Corn oil,crude wet/dry mill wtd. avg.-u,w27.2300
Grease,choice white,Chicago-h 0.2800
Lard,Chicago-u n.a.
Soybean oil,crude;Centl IL-u 0.2920
Tallow,bleach;Chicago-h 0.3150
Tallow,edible,Chicago-u n.a.

KEY TO CODES: A=ask; B=bid; BP=country elevator bids to producers; C=corrected; E=Manfra,Tordella & Brooks; G=ICE; H=American Commodities Brokerage Co;
M=monthly; N=nominal; n.a.=not quoted or not available; R=SNL Energy; S=Platts-TSI; T=Cotlook Limited; U=USDA; W=weekly, Z=not quoted. *Data as of 8/14
Source: WSJ Market Data Group


WSJ.com/commodities

Global Government Bonds: Mapping Yields
Yields and spreads over or under U.S. Treasurys on benchmark two-year and 10-year government bonds in
selected other countries; arrows indicate whether the yield rose(s) or fell (t) in the latest session
Country/ Yield (%) Spread Under/Over U.S. Treasurys, in basis points
Coupon (%) Maturity, in years Latest(l)-2-101234Previous Month ago Year ago Latest Prev Year ago
1.750 U.S. 2 1.494t l 1.579 1.833 2.612
1.625 10 1.530t l 1.581 2.092 2.861
5.750 Australia 2 0.737s l 0.734 1.008 2.008 -75.7 -84.6 -60.5
3.250 10 0.899t l 0.950 1.464 2.590 -63.1 -63.1 -27.2
0.000 France 2 -0.791t l -0.756 -0.663 -0.452 -228.4 -233.5 -306.4
0.500 10 -0.429t l -0.366 0.010 0.667 -195.9 -194.7 -219.4
0.000 Germany 2 -0.920t l -0.869 -0.731 -0.647 -241.4 -244.8 -325.9
0.000 10 -0.712t l -0.650 -0.251 0.307 -224.2 -223.1 -255.4
0.050 Italy 2 -0.013t l 0.095 -0.016 1.354 -150.7 -148.5 -125.8
3.000 10 1.340t l 1.514 1.640 3.166 -19.1 -6.7 30.4
0.100 Japan 2 -0.281t l -0.270 -0.177 -0.114 -177.5 -184.9 -272.7
0.100 10 -0.237t l -0.219 -0.114 0.096 -176.8 -180.0 -276.6
0.750 Spain 2 -0.570t l -0.514 -0.446 -0.282 -206.4 -209.3 -289.5
0.600 10 0.054t l 0.141 0.505 1.442 -147.7 -144.0 -141.9
1.500 U.K. 2 0.440t l 0.460 0.628 0.691 -105.3 -112.0 -192.1
1.625 10 0.409t l 0.448 0.803 1.226 -112.2 -113.3 -163.5
Source: Tullett Prebon
Corporate Debt
Price moves by a company's debt in the credit markets sometimes mirror and sometimes anticipate, moves in
that same company’s share price.
Investment-grade spreads that tightened the most...
Spread*, in basis points Stock Performance
Issuer SymbolCoupon (%) Maturity Current One-day change Last week Close ($) % chg
InfinityPropertyAndCasualtyKMPR 5.000 Sept. 19, ’22 100 –25 n.a. ... ...
Mosaic MOS 5.625 Nov. 15, ’43 277 –18 260 19.29 –1.78
JPMorganChase JPM 4.125 Dec. 15, ’26 97 –13 104 105.20 0.38
DiscoverBank DFS 4.200 Aug. 8, ’23 85 –12 n.a. ... ...
Las Vegas Sands LVS 3.200 Aug. 8, ’24 145 –12 144 51.41 –0.73
Ford Motor Credit F 3.350 Nov. 1, ’22 170 –11 173 ... ...
Bunge Limited Finance BG 3.250 Aug. 15, ’26 176 –10 180 ... ...
Williams WMB 3.750 June 15, ’27 160 –8 n.a. 22.92 –0.82

...And spreads that widened the most
GE GE 5.000 Jan. 21, ’49 364 527 293 8.01 –11.30
Royal Bank of Scotland RBS 7.500 Aug. 10, ’49 440 38 360 4.35 –3.33
HSBC Holdings HSBC 6.000 May 22, ’49 417 25 370 35.64 0.39
AmericanExpress AXP 2.500 July 30, ’24 81 20 75 122.38 –0.22
Bank of Montreal BMO 3.300 Feb. 5, ’24 81 20 69 69.28 –0.47
Intesa SanpaoloSpA* ISPIM 3.375 Jan. 12, ’23 184 18 161 ... ...
NBCUniversalMedia CMCSA 6.400 April 30, ’40 156 17 n.a. ... ...
Viacom VIA 4.250 Sept. 1, ’23 105 16 98 27.70 –3.69

High-yield issues with the biggest price increases...
Bond Price as % of face value Stock Performance
Issuer Symbol Coupon (%) Maturity Current One-day change Last week Close ($) % chg
MPH AcquisitionHoldings MLTPLN 7.125 June 1, ’24 86.750 4.00 95.895 ... ...
Polaris Intermediate MLTHCO 8.500 Dec. 1, ’22 75.250 3.50 90.250 ... ...
WeWork WEWORK 7.875 May 1, ’25 105.150 3.45 n.a. ... ...
J. C. Penney JCP 5.875 July 1, ’23 83.031 2.28 82.750 0.58 2.18
Jagged Peak Energy JAG 5.875 May 1, ’26 96.030 1.78 91.750 6.24 2.97
Frontier Communications FTR 10.500 Sept. 15, ’22 51.250 1.75 52.938 0.71 5.09
Diamond OffshoreDrilling DO 4.875 Nov. 1, ’43 56.000 1.50 56.000 5.36 –4.80
Iheartcommunications IHRT 5.250 Aug. 15, ’27 102.950 1.33 n.a. 13.39 –0.52

...And with the biggest price decreases
FXI Holdings FXIHLD 7.875 Nov. 1, ’24 85.500 –4.50 n.a. ... ...
Diamond OffshoreDrilling DO 5.700 Oct. 15, ’39 59.750 –3.25 62.000 5.36 –4.80
GoodyearTire & Rubber GT 4.875 March 15, ’27 94.500 –2.50 95.813 11.11 –1.59
OPE KAG Finance Sub KEADGR 7.875 July 31, ’23 84.000 –2.50 89.000 ... ...
Whiting Petroleum WLL 6.625 Jan. 15, ’26 75.700 –2.05 82.000 8.26 –3.84
CaliforniaResources CRC 8.000 Dec. 15, ’22 52.000 –2.00 55.000 8.91 –4.81
Nabors Industries NBR 5.500 Jan. 15, ’23 88.000 –2.00 91.790 1.78 –4.81
RayonierAM Products RYAM 5.500 June 1, ’24 65.500 –2.00 74.250 ... ...
*Estimated spread over 2-year, 3-year, 5-year, 10-year or 30-year hot-run Treasury; 100 basis points=one percentage pt.; change in spread shown is for Z-spread.
Note: Data are for the most active issue of bonds with maturities of two years or more
Sources: MarketAxess Corporate BondTicker; Dow Jones Market Data

Broad MarketBloomberg Barclays
2126.14 8.8 U.S. Aggregate 2.1902.1903.660
U.S. Corporate IndexesBloomberg Barclays
3105.68 13.3 U.S. Corporate 2.8702.8704.370
2851.99 8.7 Intermediate 2.5002.5004.060
4515.70 23.1 Long term 3.5603.5605.050
637.04 10.5 Double-A-rated 2.2902.2903.740
814.53 14.2 Triple-B-rated 3.2003.2004.720
High Yield BondsICE Data Services
447.29 9.6 High Yield Constrained6.2765.9828.107
418.29 4.7 Triple-C-rated 12.2169.69113.784
3055.71 9.2 High Yield 100 5.7765.4237.825
403.81 9.2 Global High Yield Constrained5.9755.5947.561
318.40 7.8 Europe High Yield Constrained3.2512.8414.869
U.S AgencyBloomberg Barclays
1772.93 6.3 U.S Agency 1.7701.7703.210
1555.17 4.2 10-20 years 1.7001.7003.110
3935.59 16.2 20-plus years 2.0702.0703.700
2696.75 10.0 Yankee 2.5802.5804.050

Bonds|WSJ.com/bonds


Tracking Bond Benchmarks
Return on investment and spreads over Treasurys and/or yields paid to investors compared with 52-week
highs and lows for different types of bonds
Total
return YTD total Yield (%)
close return (%) Index Latest Low High

*Constrained indexes limit individual issuer concentrations to 2%; the High Yield 100 are the 100 largest bonds † In local currency § Euro-zone bonds
** EMBI Global Index Sources: ICE Data Services; Bloomberg Barclays; J.P.Morgan

Total
return YTD total Yield (%)
close return (%) Index Latest Low High
Mortgage-BackedBloomberg Barclays
2120.20 5.2 Mortgage-Backed 2.4502.4103.810
2077.87 4.9 Ginnie Mae(GNMA)2.3902.3403.780
1247.59 5.3 Fannie mae(FNMA)2.4802.4503.820
1919.25 5.4 Freddie Mac(FHLMC)2.4702.4403.840
566.11 7.1 Muni Master 1.4651.4592.908
400.29 8.1 7-12 year 1.3901.3902.941
452.95 8.9 12-22 year 1.7611.7613.317
441.08 10.0 22-plus year 2.2122.2123.758
Global GovernmentJ.P. Morgan†
597.20 8.7 Global Government 0.7300.7301.880
827.33 6.9 Canada 1.2601.2602.540
412.80 10.3 EMU§ 412.8010.238412.801
793.23 10.3 France -0.160-0.1600.980
559.69 7.8 Germany -0.590-0.5900.580
305.24 4.6 Japan -0.030-0.0300.520
624.67 9.0 Netherlands -0.490-0.4900.670
1048.77 12.0 U.K. 0.8000.8001.900
860.50 11.7 Emerging Markets **5.5165.3547.372

Borrowing Benchmarks|WSJ.com/bonds


Money Rates August 15, 2019


Key annual interest rates paid to borrow or lend money in U.S. and international markets. Rates below are a
guide to general levels but don’t always represent actual transactions.


Week —52-WEEK—
Inflation Latest ago High Low
July index Chg From (%)
level June '19 July '18

U.S. consumer price index
All items 256.571 0.17 1.8
Core 263.566 0.15 2.2


International rates
Week 52-Week
Latest ago High Low

Prime rates
U.S. 5.25 5.25 5.50 5.00
Canada 3.95 3.95 3.95 3.70
Japan 1.475 1.475 1.475 1.475


Policy Rates
Euro zone 0.00 0.00 0.00 0.00
Switzerland 0.50 0.50 0.50 0.50
Britain 0.75 0.75 0.75 0.75
Australia 1.00 1.00 1.50 1.00


Overnight repurchase
U.S. 2.44 2.45 3.35 1.92


U.S. government rates

Discount
2.75 2.75 3.00 2.50


Federal funds
Effective rate2.12002.1300 2.4800 1.9300
High 2.18002.1800 2.6500 2.0625
Low 1.95001.9500 2.4400 1.8000
Bid 2.08002.0800 2.4400 1.8800
Offer 2.10002.1000 2.4500 1.9100
Treasury bill auction
4 weeks 2.0402.065 2.470 1.910
13 weeks 1.9601.990 2.465 1.960
26 weeks 1.8901.950 2.505 1.890

Secondary market
Fannie Mae
30-year mortgage yields
30 days 2.9773.076 4.607 2.971
60 days 2.9963.098 4.632 2.996

Other short-term rates

Week 52-Week
Latest ago high low
Call money
4.00 4.00 4.25 3.75

Notes on data:
U.S. prime rateis the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks, and is effective August 1, 2019.Other prime rates
aren’t directly comparable; lending practices vary widely by location;Discount rateis effective August 1, 2019.DTCC GCF Repo Indexis Depository Trust &
Clearing Corp.'s weighted average for overnight trades in applicable CUSIPs. Value traded is in billions of U.S. dollars.Federal-funds ratesare Tullett Prebon
rates as of 5:30 p.m. ET.
Sources: Federal Reserve; Bureau of Labor Statistics; DTCC; FactSet;
Tullett Prebon Information, Ltd.


Commercial paper (AA financial)
90 days 2.08 2.08 2.80 2.05
Libor
One month 2.18200 2.20088 2.52238 2.06475
Three month 2.12375 2.18100 2.82375 2.12375
Six month 2.01400 2.05025 2.90788 2.01400
One year 1.93250 1.99300 3.14413 1.93250
Euro Libor
One month -0.428 -0.430 -0.390 -0.446
Three month-0.430 -0.423 -0.324 -0.430
Six month -0.440 -0.431 -0.288 -0.440
One year -0.405 -0.377 -0.159 -0.405
Value 52-Week
Latest Traded High Low
DTCC GCF Repo Index
Treasury 2.252 66.240 5.149 1.962
MBS 2.296 91.700 4.434 1.978
Weekly survey
Latest Week ago Year ago
Freddie Mac
30-year fixed 3.60 3.60 4.53
15-year fixed 3.07 3.05 4.01
Five-year ARM 3.35 3.36 3.87

Week —52-WEEK—
Latest ago High Low

iShMSCI EAFE EFA 61.51 0.34 4.6
iShMSCI EAFE SC SCZ 53.81 0.19 3.8
iShMSCIEmgMarketsEEM 39.00 0.67–0.2
iShMSCIJapan EWJ 52.86 0.95 4.3
iShNatlMuniBd MUB115.35 0.17 5.8
iShPfd&Incm PFF 37.31 0.40 9.0
iShRussell1000Gwth IWF 155.59 0.2518.9
iShRussell1000 IWB 158.10 0.2514.0
iShRussell1000Val IWD 121.51 0.19 9.4
iShRussell2000GwthIWO 190.86 –0.47 13.6
iShRussell2000 IWM145.49 –0.40 8.7
iShRussell2000Val IWN 111.31 –0.40 3.5
iShRussell3000 IWV 166.95 0.1813.6
iShRussellMid-Cap IWR 53.66 0.1115.4
iShRussellMCValue IWS 84.50 0.1310.7
iShS&P500Growth IVW 175.41 0.3516.4
iShS&P500Value IVE 112.09 0.0810.8
iShShortCpBd IGSB 53.65 0.26 3.9
iShShortTreaBd SHV 110.62 0.05 0.3
iShTIPSBondETF TIP 117.56 0.44 7.4
iSh1-3YTreasuryBd SHY 85.10 0.22 1.8
iSh7-10YTreasuryBd IEF 113.91 0.64 9.3
iSh20+YTreasuryBd TLT 147.31 1.1121.2
iShRussellMCGrowthIWP 139.50 0.3522.7
iShUSTreasuryBdETFGOVT 26.58 0.43 7.8
PIMCOEnhShMaturityMINT101.65 0.02 0.7
SPDR BlmBarcHYBd JNK 107.14 0.36 6.3
SPDRBloomBar1-3MTBBIL 91.56 0.04 0.1
SPDR Gold GLD 143.70 0.6718.5
SchwabIntEquity SCHF 30.03 0.23 5.9
SchwabUS BrdMkt SCHB 68.25 0.2513.9
SchwabUS Div SCHD 51.24 0.22 9.1
SchwabUS LC SCHX 68.08 0.2414.0

Closing Chg YTD
ETF Symbol Price (%) (%)

AlerianMLPETF AMLP 8.85 –0.56 1.4
CnsmrDiscSelSector XLY 114.59 –0.17 15.7
CnsStapleSelSector XLP 59.53 1.5017.2
EnSelectSectorSPDR XLE 56.28 –0.62 –1.9
FinSelSectorSPDR XLF 26.11 0.50 9.6
FT DJ Internet FDN133.94 0.1314.8
HealthCareSelSect XLV 89.45 0.35 3.4
IndSelSectorSPDR XLI 72.89 –0.11 13.2
InvscQQQI QQQ182.55 –0.11 18.3
InvscS&P500EW RSP102.43 0.0312.1
InvscS&P500LowVol SPLV55.63 1.1119.2
iShCoreMSCIEAFE IEFA 57.61 0.30 4.7
iShCoreMSCIEmgMk IEMG46.92 0.62–0.5
iShCoreMSCITotInt IXUS 54.68 0.22 4.1
iShCoreS&P500 IVV 286.34 0.2613.8
iShCoreS&P MC IJH 183.46 –0.17 10.5
iShCoreS&P SC IJR 73.99 –0.38 6.7
iShS&PTotlUSStkMktITOT 64.45 0.1213.5
iShCoreUSAggBd AGG113.76 0.46 6.8
iShSelectDividend DVY 95.26 0.17 6.7
iShEdgeMSCIMinEAFEEFAV70.80 0.70 6.2
iShEdgeMSCIMinUSAUSMV62.39 0.7919.1
iShEdgeMSCIUSAMomMTUM117.62 0.4317.4
iShEdgeMSCIUSAQualQUAL88.61 0.3415.4
iShFloatingRateBd FLOT50.83 ... 0.9
iShGoldTr IAU 14.58 0.6918.6
iShiBoxx$InvGrCpBd LQD127.62 0.4913.1
iShiBoxx$HYCpBd HYG 85.81 0.29 5.8
iShJPMUSDEmgBd EMB113.37 0.40 9.1
iShMBSETF MBB108.21 0.32 3.4
iShMSCI ACWI ACWI70.28 0.19 9.5
iShMSCIBrazil EWZ 41.36 0.02 8.3


Closing Chg YTD
ETF Symbol Price (%) (%)


Thursday, August 15, 2019 SPDR S&PMdCpTrSPDR DJIA Tr DIAMDY256.36334.51 –0.150.5010.59.9
SPDR S&P 500 SPY284.65 0.2613.9
SPDR S&P Div SDY 96.82 0.13 8.2
TechSelectSector XLK 76.82 –0.18 23.9
UtilitiesSelSector XLU 61.07 1.2915.4
VanEckGoldMiner GDX 28.73 1.1336.2
VangdInfoTech VGT206.81 –0.20 24.0
VangdSC Val VBR121.21 –0.30 6.3
VangdSC Grwth VBK180.39 0.1619.8
VangdDivApp VIG 115.16 0.7017.6
VangdFTSEDevMk VEA 38.95 0.21 5.0
VangdFTSE EM VWO39.22 0.56 2.9
VangdFTSE Europe VGK 50.89 –0.02 4.7
VangdFTSEAWxUS VEU 47.55 0.36 4.3
VangdGrowth VUG161.27 0.5220.1
VangdHlthCr VHT167.69 0.23 4.4
VangdHiDiv VYM 83.93 0.04 7.6
VangdIntermBd BIV 88.51 0.51 8.9
VangdIntrCorpBd VCIT 91.33 0.3810.2
VangdLC VV 130.76 0.2113.8
VangdMC VO 160.71 0.1516.3
VangdMC Val VOE105.74 –0.06 11.0
VangdMBS VMBS53.10 0.23 3.1
VangdRealEst VNQ 90.25 1.0021.0
VangdS&P500ETF VOO261.39 0.3113.7
VangdST Bond BSV 81.01 0.24 3.1
VangdSTCpBd VCSH81.04 0.25 4.0
VangdSC VB 148.51 –0.07 12.5
VangdTotalBd BND 84.92 0.49 7.2
VangdTotIntlBd BNDX59.17 0.63 9.1
VangdTotIntlStk VXUS49.20 0.37 4.2
VangdTotalStk VTI 145.14 0.1913.7
VangdTotlWrld VT 71.64 0.36 9.4
VangdValue VTV106.03 0.08 8.2

Closing Chg YTD
ETF Symbol Price (%) (%)

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