B8| Thursday, February 27, 2020 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.
Feb 2.5820 2.5825 2.5820 2.5765–0.0200 248
May 2.5660 2.5830 2.5465 2.5735–0.0085 142,246
Gold(CMX)-100 troy oz.; $ per troy oz.
Feb 1644.00 1648.10 1634.30 1640.00 –6.90 191
April 1637.30 1657.10 1626.60 1643.10 –6.90 519,809
June 1643.00 1662.70 1632.40 1648.90 –6.90 117,583
Aug 1652.60 1667.20 1639.50 1654.00 –7.00 31,857
Oct 1658.00 1664.10 1648.90 1658.50 –7.10 11,979
Dec 1656.40 1676.70 1646.70 1662.90 –7.30 34,069
Palladium(NYM)- 50 troy oz.; $ per troy oz.
Feb ...... ...2714.70 45.00 ...
March 2638.80 2720.00 2616.00 2692.80 45.00 1,762
April 2675.00 2675.00s 2675.00 2691.20 45.00 1
June 2603.50 2699.50 2582.60 2666.80 52.50 12,472
Sept 2576.20 2665.00 2576.20 2650.70 49.70 1,349
Dec 2560.60 2467.20 2467.20 2637.80 48.80 432
Platinum(NYM)-50 troy oz.; $ per troy oz.
Feb 973.70 973.70 973.70 912.30–17.50 2
April 928.70 937.70 t 908.90 914.80–17.50 85,915
Silver(CMX)-5,000 troy oz.; $ per troy oz.
Feb 18.690 18.690 18.690 17.826–0.357 2
May 18.040 18.245 17.825 17.914–0.354 156,262
Crude Oil, Light Sweet(NYM)-1,000 bbls.; $ per bbl.
April 50.08 50.44 t 48.30 48.73 –1.17 415,400
May 50.22 50.57 t 48.44 48.88 –1.18 232,594
June 50.30 50.63 t 48.51 48.96 –1.17 223,148
July 50.32 50.62 t 48.55 48.99 –1.15 140,823
Sept 50.15 50.51 t 48.59 48.99 –1.07 114,286
Dec 50.06 50.43 t 48.67 49.06 –0.90 260,144
NY Harbor ULSD(NYM)-42,000 gal.; $ per gal.
March 1.5689 1.5798 t 1.4836 1.4994–.0691 18,745
April 1.5689 1.5773 t 1.4809 1.4974–.0683 122,871
Gasoline-NY RBOB(NYM)-42,000 gal.; $ per gal.
March 1.5286 1.5348 1.4388 1.4549–.0775 17,722
April 1.6261 1.6440 t 1.5504 1.5645–.0774 145,570
Natural Gas(NYM)-10,000 MMBtu.; $ per MMBtu.
March 1.848 1.880 1.810 1.821 –.026 5,023
April 1.852 1.886 1.820 1.837 –.014 469,202
May 1.901 1.924 1.863 1.880 –.016 218,143
July 2.033 2.056 2.006 2.020 –.013 100,065
Sept 2.068 2.091 2.047 2.058 –.012 98,340
Oct 2.115 2.135 2.094 2.102 –.011 109,440
Agriculture Futures
Corn(CBT)-5,000 bu.; cents per bu.
March 372.00 374.00 t 368.25 370.50 –2.00 158,747
May 376.00 378.00 t 372.50 374.50 –2.00 603,602
Oats(CBT)-5,000 bu.; cents per bu.
March 284.50 286.50 t 276.50 278.75 –6.25 416
May 290.75 292.25 t 283.00 285.75 –6.00 3,385
Soybeans(CBT)-5,000 bu.; cents per bu.
March 879.50 888.25 875.50 881.00 2.00 53,038
May 889.00 899.00 885.00 892.00 3.75 340,626
Soybean Meal(CBT)-100 tons; $ per ton.
March 287.50 293.60 t 284.80 291.30 4.80 35,343
May 294.10 300.40 292.50 298.30 5.30 229,745
Soybean Oil(CBT)-60,000 lbs.; cents per lb.
March 29.20 29.37 t 28.89 29.07 –.16 34,766
May 29.59 29.77 t 29.28 29.45 –.17 204,059
Rough Rice(CBT)-2,000 cwt.; $ per cwt.
March 1340.00 1350.00 1335.50 1342.50 6.00 1,174
May 1358.50 1363.50 1350.00 1352.50 –5.50 10,333
Wheat(CBT)-5,000 bu.; cents per bu.
March 539.25 542.75 534.75 540.25 1.25 19,282
May 537.00 540.00 532.75 535.75 –1.25 209,648
Wheat(KC)-5,000 bu.; cents per bu.
March 455.00 459.25 451.00 452.25 –2.75 14,916
May 462.00 466.50 458.00 459.25 –2.75 131,345
Cattle-Feeder(CME)-50,000 lbs.; cents per lb.
March 133.475 135.375 133.000 134.075 1.100 10,568
April 134.500 136.775 134.025 135.975 1.850 17,052
Cattle-Live(CME)-40,000 lbs.; cents per lb.
Feb 115.575 115.700 t113.575 114.075 –.950 848
April 113.225 113.825 t112.025 112.350 –.600 139,752
Hogs-Lean(CME)-40,000 lbs.; cents per lb.
April 64.675 65.950 64.225 65.150 .475 116,091
June 79.600 81.375 79.600 80.400 .700 56,158
Lumber(CME)-110,000 bd. ft., $ per 1,000 bd. ft.
March 442.10 442.40 423.20 427.50 –7.80 904
May 458.10 460.00 439.40 445.00 –6.80 2,480
Milk(CME)-200,000 lbs., cents per lb.
Feb 17.03 17.03 17.01 17.01 –.02 2,739
March 16.47 16.53 t 16.44 16.47 –.06 3,160
Cocoa(ICE-US)-10 metric tons; $ per ton.
March 2,830 2,830 2,830 2,828 –60 689
May 2,792 2,799 2,727 2,739 –67 133,768
Coffee(ICE-US)-37,500 lbs.; cents per lb.
March 105.35 109.35 105.35 109.10 2.00 1,004
May 108.00 111.50 106.00 110.65 2.15 113,633
COMMODITIES
Futures Contracts Open High hiloContractLow Settle Chg interestOpen
Sugar-World(ICE-US)-112,000 lbs.; cents per lb.
March 15.12 15.12 14.69 14.79 –.36 42,871
May 14.69 14.72 14.41 14.54 –.20 470,776
Sugar-Domestic(ICE-US)-112,000 lbs.; cents per lb.
May 26.95 26.95 26.95 26.95 ... 1,712
July 27.30 27.30 27.30 27.30 ... 2,238
Cotton(ICE-US)-50,000 lbs.; cents per lb.
March 65.68 65.73 t 65.66 65.55 –.78 137
May 66.84 66.85 t 65.37 65.47 –.83 105,222
Orange Juice(ICE-US)-15,000 lbs.; cents per lb.
March 97.95 99.00 96.95 97.65 ... 2,509
May 99.75 99.80 97.05 97.15 –2.20 12,968
Interest Rate Futures
Ultra Treasury Bonds(CBT)- $100,000; pts 32nds of 100%
March 200-290 202-080 199-060 201-280 8.0 350,654
June 201-260 203-040 200-020 202-250 8.0 957,746
Treasury Bonds(CBT)-$100,000; pts 32nds of 100%
March 167-070 168-090 166-170 168-030 13.0 491,125
June 166-080 167-090 165-180 167-030 13.01,002,832
Treasury Notes(CBT)-$100,000; pts 32nds of 100%
March 132-290 133-130 132-225 133-105 6.51,317,207
June 132-255 133-095 132-185 133-070 6.52,890,775
5 Yr. Treasury Notes(CBT)-$100,000; pts 32nds of 100%
March 120-312 121-092 120-280 121-075 4.51,242,914
June 121-140 121-240 121-107 121-225 4.53,616,264
2 Yr. Treasury Notes(CBT)-$200,000; pts 32nds of 100%
March 108-109 108-159 108-104 108-153 2.6 865,869
June 108-179 108-230 108-172 108-223 2.32,732,563
30 Day Federal Funds(CBT)-$5,000,000; 100 - daily avg.
Feb 98.4175 98.4175 98.4150 98.4150–.0025 367,481
April 98.4700 98.5050s 98.4650 98.4950 .0050 394,560
10 Yr. Del. Int. Rate Swaps(CBT)-$100,000; pts 32nds of 100%
March 106-175 107-015 106-105 106-310 2.5 100,624
June 99-240 106-235 99-150 99-290–6-31.5 n.a.
Eurodollar(CME)-$1,000,000; pts of 100%
March 98.4100 98.4500s 98.4025 98.4450 .02251,566,322
June 98.6300 98.7200s 98.6200 98.7150 .05501,533,866
Sept 98.7400 98.8300s 98.7300 98.8200 .05001,285,947
Dec 98.7850 98.8700s 98.7700 98.8550 .04001,284,151
Currency Futures
Japanese Yen(CME)-¥12,500,000; $ per 100¥
March .9084 .9090 .9042 .9083–.0011 216,970
June .9125 .9133 .9086 .9126–.0012 4,877
Canadian Dollar(CME)-CAD 100,000; $ per CAD
March .7527 .7535 t .7499 .7509–.0025 157,064
June .7527 .7535 t .7499 .7508–.0026 7,712
British Pound(CME)-£62,500; $ per £
March 1.3009 1.3015 1.2903 1.2917–.0090 202,605
June 1.3034 1.3044 1.2933 1.2947–.0090 6,141
Swiss Franc(CME)-CHF 125,000; $ per CHF
March 1.0263 1.0292 1.0239 1.0268 .0008 56,858
June 1.0326 1.0354 1.0304 1.0331 .0008 290
Australian Dollar(CME)-AUD 100,000; $ per AUD
March .6601 .6609 t .6545 .6560–.0042 202,206
June .6614 .6620 t .6557 .6572–.0041 8,443
Mexican Peso(CME)-MXN 500,000; $ per MXN
March .05224 .05230 t .05167 .05187–.00024 272,699
June .05147 .05164 t .05102 .05121–.00025 3,549
Euro(CME)-€125,000; $ per €
March 1.0895 1.0922 1.0868 1.0912 .0018 600,039
June 1.0951 1.0980 1.0926 1.0969 .0017 20,072
Index Futures
Mini DJ Industrial Average(CBT)-$5 x index
March 27124 27519 t 26692 26914 –203 100,571
June 27135 27480 t 26669 26877 –205 855
S&P 500 Index(CME)-$250 x index
March 3139.30 3181.00 t3091.70 3110.20–22.40 48,817
June 3169.00 3169.00 t3120.00 3108.60–22.70 173
Mini S&P 500(CME)-$50 x index
March 3138.00 3182.00 t3091.00 3110.25–22.252,749,002
June 3136.75 3181.00 t3089.50 3108.50–22.75 91,558
Mini S&P Midcap 400(CME)-$100 x index
March 1955.30 1973.50 t1914.30 1921.80–28.70 75,621
June 1965.80 1971.90 t1919.60 1921.90–35.70 60
Mini Nasdaq 100(CME)-$20 x index
March 8868.25 9037.50 8709.50 8850.25 –4.00 210,821
June 8892.00 9055.25 8728.00 8867.25 –3.75 3,757
Mini Russell 2000(CME)-$50 x index
March 1574.60 1591.60 t1545.60 1550.40–21.50 477,754
June 1581.00 1592.10 t1547.00 1550.80–21.60 1,667
Mini Russell 1000(CME)-$50 x index
March 1739.80 1761.70 t1720.60 1725.20 –8.90 7,620
U.S. Dollar Index(ICE-US)-$1,000 x index
March 98.99 99.20 98.85 98.94 .04 46,319
June 98.63 98.86 98.51 98.59 .06 1,392
Source: FactSetWSJ.com/commoditiesCash Prices Wednesday, February 26, 2020
These prices reflect buying and selling of a variety of actual or “physical” commodities in the marketplace—
separate from the futures price on an exchange, which reflects what the commodity might be worth in future
months.Wednesday
Energy
Coal,C.Aplc.,12500Btu,1.2SO2-r,w 59.150
Coal,PwdrRvrBsn,8800Btu,0.8SO2-r,w 11.650
Metals
Gold, per troy oz
Engelhard industrial 1634.00
Engelhard fabricated n.a.
Handy & Harman base 1634.90
Handy & Harman fabricated 1814.74
LBMA Gold Price AM *1655.90
LBMA Gold Price PM *1650.30
Krugerrand,wholesale-e 1706.95
Maple Leaf-e 1723.37
American Eagle-e 1723.37
Mexican peso-e 1986.92
Austria crown-e 1611.80
Austria phil-e 1723.37
Silver, troy oz.
Engelhard industrial 17.9100
Engelhard fabricated n.a.
Handy & Harman base 17.9320
Handy & Harman fabricated 22.4150
LBMA spot price *£14.1400
(U.S.$ equivalent) *18.3300
Coins,wholesale $1,000 face-a 13136
Other metals
LBMA Platinum Price PM *960.0
Platinum,Engelhard industrial 922.0
Platinum,Engelhard fabricated n.a.Wednesday
Palladium,Engelhard industrial 2719.0
Palladium,Engelhard fabricated n.a.
Aluminum, LME, $ per metric ton *1685.0
Copper,Comex spot 2.5765
Iron Ore, 62% Fe CFR China-s 87.4
Shredded Scrap, US Midwest-s,m 281
Steel, HRC USA, FOB Midwest Mill-s 576
Fibers and Textiles
Burlap,10-oz,40-inch NY yd-n,w 0.5650
Cotton,1 1/16 std lw-mdMphs-u 0.6172
Cotlook 'A' Index-t *76.30
Hides,hvy native steers piece fob-u n.a.
Wool,64s,staple,Terr del-u,w n.a.
Grains and Feeds
Barley,top-quality Mnpls-u n.a.
Bran,wheat middlings, KC-u 94
Corn,No. 2 yellow,Cent IL-bp,u 3.6750
Corn gluten feed,Midwest-u,w 115.5
Corn gluten meal,Midwest-u,w 465.4
Cottonseed meal-u,w 250
Hominy feed,Cent IL-u,w 98
Meat-bonemeal,50% pro Mnpls-u,w 185
Oats,No.2 milling,Mnpls-u 3.3325
Rice, Long Grain Milled, No. 2 AR-u,w 25.88
Sorghum,(Milo) No.2 Gulf-u 7.3475
SoybeanMeal,Cent IL,rail,ton48%-u 299.80
Soybeans,No.1 yllw IL-bp,u 8.7100
Wheat,Spring14%-pro Mnpls-u 6.5775Wednesday
Wheat,No.2 soft red,St.Louis-bp,u 5.9500
Wheat - Hard - KC (USDA) $ per bu-u 4.5475
Wheat,No.1soft white,Portld,OR-u 6.1500
Food
Beef,carcass equiv. index
choice 1-3,600-900 lbs.-u 186.46
select 1-3,600-900 lbs.-u 179.74
Broilers, National comp wtd. avg.-u,w 0.7839
Butter,AA Chicago 1.7200
Cheddar cheese,bbl,Chicago 159.00
Cheddar cheese,blk,Chicago 176.00
Milk,Nonfat dry,Chicago lb. 110.00
Coffee,Brazilian,Comp 1.0641
Coffee,Colombian, NY 1.5114
Eggs,large white,Chicago-u 0.8650
Flour,hard winter KC 14.40
Hams,17-20 lbs,Mid-US fob-u n.a.
Hogs,Iowa-So. Minnesota-u 57.13
Pork bellies,12-14 lb MidUS-u 0.7722
Pork loins,13-19 lb MidUS-u 0.9009
Steers,Tex.-Okla. Choice-u 115.00
Steers,feeder,Okla. City-u,w 159.38
Fats and Oils
Corn oil,crude wet/dry mill wtd. avg.-u,w36.0000
Grease,choice white,Chicago-h 0.3000
Lard,Chicago-u n.a.
Soybean oil,crude;Centl IL-u 0.2920
Tallow,bleach;Chicago-h 0.3550
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 2/25
Source: WSJ Market Data GroupGlobal 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
1.125 U.S. 2 1.157t l 1.227 1.489 2.492
1.500 10 1.315t l 1.354 1.688 2.640
2.000 Australia 2 0.657t l 0.669 0.765 1.724 -50.0 -55.8 -76.8
2.750 10 0.912t l 0.923 1.097 2.103 -40.2 -43.0 -53.8
0.000 France 2 -0.667s l -0.668 -0.567 -0.440 -182.4 -189.5 -293.2
0.000 10 -0.226s l -0.248 -0.075 0.525 -154.1 -160.2 -211.5
0.000 Germany 2 -0.691t l -0.686 -0.615 -0.552 -184.8 -191.3 -304.4
0.000 10 -0.503s l -0.510 -0.333 0.120 -181.7 -186.4 -252.0
1.200 Italy 2 -0.162s l -0.165 -0.058 0.552 -131.9 -139.2 -194.0
1.350 10 0.994s l 0.982 1.229 2.710 -32.1 -37.2 6.9
0.100 Japan 2 -0.201s l -0.203 -0.131 -0.167 -135.8 -142.9 -265.90.100 (^10) -0.093s l -0.102 -0.020 -0.026 -140.8 -145.6 -266.6
0.050 Spain 2 -0.445s l -0.474 -0.371 -0.186 -160.2 -170.1 -267.8
0.500 10 0.243s l 0.215 0.350 1.140 -107.1 -113.9 -150.0
3.750 U.K. 2 0.441t l 0.461 0.430 0.788 -71.5 -76.6 -170.4
4.750 10 0.491t l 0.503 0.585 1.086 -82.4 -85.1 -155.4
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 ($) % chg
JPMorganChase JPM 3.625 Dec. 1, ’27 123 –25 102 126.64 0.30
AerCap Ireland Capital DAC ... 3.300 Jan. 23, ’23 82 –15 69 ... ...
GeneralMotors Financial ... 5.250 March 1, ’26 168 –11 153 ... ...
MarathonPetroleum MPC 4.750 Dec. 15, ’23 75 –11 n.a. 52.27 –1.60
Las Vegas Sands LVS 3.200 Aug. 8, ’24 111 –10 97 59.16 –1.66
Anheuser–BuschInbev WorldwideABIBB 4.439 Oct. 6, ’48 155 –9 142 ... ...
Capital One Financial COF 3.900 Jan. 29, ’24 69 –9 68 92.82 0.04
...And spreads that widened the most
Citigroup C 5.875 March 27, ’49 405 28 n.a. 68.18 –1.80
BoardwalkPipelines BWP 4.800 May 3, ’29 280 23 n.a. ... ...
Ally Financial ALLY 4.625 May 19, ’22 102 22 n.a. 25.97 –0.54
OccidentalPetroleum OXY 4.200 March 15, ’48 245 21 n.a. 34.22 –5.44
Apache APA 5.350 July 1, ’49 312 16 272 24.43 –4.20
Sabine Pass Liquefaction SPLLLC 5.000 March 15, ’27 184 16 150 ... ...
Bank of America BAC 4.250 Oct. 22, ’26 134 15 n.a. 30.63 –1.45
High-yield issues with the biggest price increases...
Bond Price as % of face value Stock Performance
Issuer Symbol Coupon (%) Maturity Current One-day change Last week Close ($) % chg
Netflix NFLX 4.375 Nov. 15, ’26 112.750 6.70 107.375 379.24 5.32
Altice Luxembourg ATCNA 10.500 May 15, ’27 115.250 2.65 116.500 ... ...
FrontierCommunications FTR 7.125 Jan. 15, ’23 50.000 1.99 51.000 0.53 –3.86
B&G Foods BGS 5.250 April 1, ’25 99.350 1.82 99.938 15.75 23.24
Crestwood Midstream PartnersCMLP 5.625 May 1, ’27 97.750 1.75 101.470 ... ...
Boyd Gaming BYD 6.375 April 1, ’26 105.980 1.28 107.041 27.55 –6.61
Revlon ConsumerProducts ... 5.750 Feb. 15, ’21 88.510 1.26 84.750 ... ...
CommunityHealth Systems CYH 8.000 March 15, ’26 105.750 1.26 107.250 5.59 –1.24
...And with the biggest price decreases
MallinckrodtInternationalFinance... 5.625 Oct. 15, ’23 60.750 –8.25 46.375 ... ...
PeabodyEnergy BTU 6.375 March 31, ’25 76.500 –6.50 88.500 5.50 –14.73
ChesapeakeEnergy CHK 11.500 Jan. 1, ’25 66.750 –5.50 78.750 0.31 –30.48
RayonierA.M. Products ... 5.500 June 1, ’24 59.750 –5.50 70.250 ... ...
Whiting Petroleum WLL 5.750 March 15, ’21 68.000 –5.50 78.250 2.26 –6.22
Diamond Sports DSPORT 6.625 Aug. 15, ’27 86.375 –4.38 91.250 ... ...
Moss Creek Resources HoldingsMSSCRK10.500 May 15, ’27 72.000 –4.00 80.000 ... ...
Veritas US VERITS 10.500 Feb. 1, ’24 88.000 –4.00 n.a. ... ...
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
2193.55 3.1U.S. Aggregate 1.8501.8503.250
U.S. Corporate IndexesBloomberg Barclays
3254.25 3.5U.S. Corporate 2.4502.4503.950
2955.77 2.2 Intermediate 2.0102.0103.580
4822.53 6.0 Long term 3.2203.2204.720
662.62 3.5Double-A-rated 1.9901.9903.300
862.57 3.4Triple-B-rated 2.7302.7304.310
High Yield BondsICE BofA
467.15 0.03 High Yield Constrained5.6745.1516.790
436.12 -0.4 Triple-C-rated 11.38410.55812.699
3183.79 -0.3 High Yield 100 5.0544.5166.505
423.45 0.5 Global High Yield Constrained5.3164.8936.407
328.80 0.1 Europe High Yield Constrained2.9412.4643.865
U.S AgencyBloomberg Barclays
1810.91 2.4 U.S Agency 1.4501.4502.790
1583.04 1.4 10-20 years 1.3701.3702.670
4087.87 7.220-plus years 1.8801.8803.340
2814.59 3.0 Yankee 2.2202.2203.640
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
2173.14 1.3 Mortgage-Backed 2.0902.0903.400
2118.84 1.0 Ginnie Mae(GNMA)2.1102.0903.340
1282.70 1.4 Fannie mae(FNMA)2.0902.0903.420
1971.09 1.4 Freddie Mac(FHLMC)2.0802.0803.420
580.85 2.7 Muni Master 1.1561.1512.365
410.78 3.07-12 year 1.0951.0902.306
469.03 3.612-22 year 1.3781.3742.815
458.95 4.1 22-plus year 1.8501.8503.355
Global GovernmentJ.P. Morgan†
601.09 3.1Global Government 0.7400.6901.570
831.39 3.5Canada 1.2801.2602.030
410.97 2.7 EMU§ 0.2510.1091.158
781.31 3.0France 0.030-0.1600.800
548.26 2.3 Germany -0.360-0.5900.280
300.38 0.8 Japan 0.120-0.0700.320
611.31 2.6 Netherlands -0.260-0.4900.410
1053.88 4.9 U.K. 0.8000.7301.620
902.49 2.3 Emerging Markets 4.6064.5236.468
Weekly Demand,000s barrels per day
Expected Previous Year 4-week 5-year
Current change week ago avg avg
Total petroleum
product 19,884 ... 19,590 21,470 20,319 19,996
Finished
motor gasoline 9,035 ... 8,918 8,981 8,902 9,351
Kerosene-type
jet fuel 1,450 ... 1,383 1,943 1,539 1,698
Distillates 4,119 ... 3,728 4,076 3,970 3,968
Residualfuel oil 292 ... 190 424 237 277
Propane/propylene 1,222 ... 1,627 1,629 1,545 ...
Other oils 3,765 ... 3,745 4,418 4,128 ...
Natural gas storage
Billions of cubic feet; weekly totals
250
1250
2250
3250
4250
2019
M A M J J A S ON D J
2020
F
t
Natural gas,
lower48states
t
Five-year average
for each week
Note: Expected changes are provided by Dow Jones Newswires' survey of analysts. Previous and average inventory data are in millions.
Sources: FactSet; Dow Jones Market Data; U.S. Energy Information Administration; Dow Jones Newswires
Macro & Market Economics
Watching the Gauges: U.S. Supply and Demand
Inventories, imports and demand for the week ended February 21. Current figures are in thousands of barrels
or
thousands of gallons per day, except natural-gas figures, which are in billions of cubic feet. Natural-gas import
Natural-gas import and demand data are available monthly only.
Inventories,000s barrels Imports,000s barrels per day
Expected Previous Year 4-week 5-year Expected Previous Year 4-week 5-year
Current change week ago avg avg Current change week ago avg avg
Crude oil and
petroleumprod 1,290,449 ... 1,293 1,245 1,293 1,262 7,903 ... 8,083 8,002 8,478 9,629
Crude oil
excludingSPR 443,335 2,100 443 446 (^441478) 6,217 ... 6,547 5,917 6,589 7,545
Gasoline 256,387 ... 259 255 259 244 405 ... 421 473 477 639
Finished gasoline 26,711 -1,800 27 25 27 26 51 ... 119 21 63 20
Reformulated 50 ... 0 0 0 0 0 ... 0 0 0 0
Conventional 26,661 ... 27 25 27 26 51 ... 119 21 63 20
Blend. components 229,676 ... 232 230 232 219 354 ... 302 453 414 619
Natural gas (bcf) 2,343 ... (^2232) ... ... ... ... ... ...
Kerosene-type
jet fuel 43,329 ... 44 43 43 41 43 ... 81 236 91 157
Distillates 138,472 -1,700 141 138 141 143 177 ... 127 331 150 197
Heating oil 9,598 ... 10 11 10 12 1 ... 2 1 1 65
Diesel 128,875 ... 131 127 131 131 176 ... 125 330 149 105
Residualfuel oil 30,508 ... 30 28 31 37 202 ... 169 109 146 203
Other oils 280,128 ... 277 258 276 246 713 ... 609 754 847 752
Net crude, petroleum
products,incl. SPR 1,925,416 ... 1,927 1,894 1,928 1,941 -1,294 ... -1,207 -162 -514 3,619
iShMSCIBrazil EWZ 39.20 –1.43–17.4
iShMSCI EAFE EFA 64.53 0.12–7.1
iShMSCI EAFE SC SCZ 56.89 –0.25 –8.7
iShMSCIEmgMarketsiShMSCIJapan EEMEWJ 41.6754.90 0.80–7.1
iShNatlMuniBd MUB116.89 –0.040.49–7.32.6
iShPfd&Incm PFF 37.14 0.08–1.2
iShRussell1000Gwth IWF 175.89 0.01–0.0
iShRussell1000iShRussell1000Val IWBIWD 172.97128.01 –0.48 –3.1
iShRussell2000GwthIWO 205.99 –1.07–0.87 –6.2–3.8
iShRussell2000 IWM154.50 –1.16 –6.7
iShRussell3000 IWV 182.27 –0.50 –3.3
iShRussellMid-CapiShRussellMCValue IWRIWS 56.9088.90 –1.10 –4.6
iShS&P500Growth IVW 193.09 –1.430.07–6.2–0.3
iShS&P500Value IVE 121.49 –0.90 –6.6
iShShortCpBd IGSB 54.19 –0.04 1.0
iShShortTreaBdiShTIPSBondETF SHVTIP 110.59119.49 ... 0.1
iSh1-3YTreasuryBd SHY 85.32 –0.050.07 2.50.8
iSh7-10YTreasuryBd IEF 115.40 –0.05 4.7
iSh20+YTreasuryBd TLT 150.25 –0.53 10.9
iShRussellMCGrowthiShUSTreasuryBdETFIWPGOVT149.2426.86 –0.72 –2.2
JPM UltShtIncm JPST 50.59 –0.13–0.01 3.50.3
PIMCOEnhShMaturityMINT101.94 0.01 0.3
SPDR BlmBarcHYBd JNK 108.15 0.11–1.3
SPDR GoldSchwabIntEquity GLDSCHF153.9731.37 0.44 7.7
SchwabUS BrdMkt SCHB 74.38 –0.590.16–6.7–3.3
SchwabUS Div SCHD 54.53 –0.51 –5.9
SchwabUS LC SCHX 74.56 –0.45 –2.9
Closing Chg YTD
ETF Symbol Price (%) (%)
CnsmrDiscSelSectorCnsStapleSelSector XLYXLP 121.4961.67 –0.79–0.56 –3.1–2.1
FinSelSectorSPDR XLF 28.55 –0.73 –7.2
FT ValDivFd FVD 34.61 –0.86 –3.9
HealthCareSelSect XLV 97.12 –0.01 –4.7
IndSelSectorSPDR XLI 77.31 –0.76 –5.1
InvscQQQIInvscS&P500EW QQQRSP216.48109.13 0.52 1.8
InvscS&P500LowVol SPLV58.39 –0.95–0.80 –5.70.1
iShCoreDivGrowth DGRO39.86 –0.50 –5.3
iShCoreMSCIEAFE IEFA 60.62 0.13–7.1
iShCoreMSCIEM IEMG49.93 0.69–7.1
iShCoreMSCITotIntiShCoreS&P500 IXUSIVV 57.77 0.30–6.7
iShCoreS&P MC IJH 312.91192.20 –0.39–1.48 –3.2–6.6
iShCoreS&P SC IJR 76.86 –1.27 –8.3
iShS&PTotlUSStkMktITOT 70.26 –0.62 –3.3
iShCoreUSAggBd AGG115.35 –0.10 2.7
iShSelectDividend DVY 98.13 –1.14 –7.1
iShEdgeMSCIMinEAFEiShEdgeMSCIMinUSAEFAVUSMV71.3565.92 –0.06–0.35 –4.30.5
iShEdgeMSCIUSAMomMTUM127.50 –0.58 1.5
iShEdgeMSCIUSAQualQUAL96.88 –0.22 –4.1
iShFloatingRateBd FLOT51.05 –0.06 0.3
iShGoldTr IAU 15.63 0.45 7.8
iShiBoxx$InvGrCpBdiShiBoxx$HYCpBd LQDHYG131.4186.86 –0.37 2.7
iShIntermCorpBd IGIB 59.45 –0.170.10–1.22.5
iShJPMUSDEmgBd EMB115.72 –0.05 1.0
iShMBSETF MBB109.16 0.09 1.0
iShMSCI ACWI ACWI75.68 0.09–4.5
Closing Chg YTD
ETF Symbol Price (%) (%)
Wednesday, February 26, 2020 SPDR DJIA TrSchwabUS LC Grw SCHGDIA 269.7493.49 –0.12–0.35 –5.40.6
SPDR S&PMdCpTr MDY350.49 –1.46 –6.6
SPDR S&P 500 SPY311.50 –0.37 –3.2
SPDR S&P DivTechSelectSector SDYXLK 101.2592.70 –0.89 –5.9
UtilitiesSelSector XLU 67.36 –1.010.46 1.14.2
VanEckGoldMiner GDX 29.87 –0.33 2.0
VangdInfoTech VGT246.35 0.23 0.6
VangdSC Val VBR125.79 –1.65 –8.2
VangdSC Grwth VBK192.73 –0.88 –3.0
VangdDivApp VIG 121.58 –0.66 –2.5
VangdFTSEDevMk VEA 40.94 0.07–7.1
VangdFTSE EM VWO41.63 0.63–6.4
VangdFTSE Europe VGK 54.34 0.09–7.3
VangdFTSEAWxUSVangdGrowth VEUVUG 50.21 0.34–6.6
VangdHlthCr VHT184.50183.32 –0.02–0.33 –4.41.3
VangdHiDiv VYM 87.71 –0.68 –6.4
VangdIntermBd BIV 90.02 –0.03 3.2
VangdIntrCorpBd VCIT 93.64 –0.11 2.5
VangdLC VV 143.61 –0.44 –2.9
VangdMC VO 171.10 –1.09 –4.0
VangdMC Val VOE111.58 –1.21 –6.4
VangdMBS VMBS53.64 ... 0.9
VangdRealEst VNQ 94.52 –1.08 1.9
VangdS&P500ETFVangdST Bond VOOBSV286.07 –0.44 –3.3
VangdSTCpBd VCSH81.5681.85 0.050.06 1.21.0
VangdSC VB 155.90 –1.31 –5.9
VangdTotalBd BND 86.09 –0.06 2.7
VangdTotIntlBd BNDX57.91 –0.16 2.4
VangdTotIntlStk VXUS51.92 0.19–6.8
VangdTotalStk VTI 158.40 –0.55 –3.2
VangdTotlWrld VT 77.06 –0.17 –4.9
VangdValue VTV111.73 –0.86 –6.8
Closing Chg YTD
ETF Symbol Price (%) (%)
Exchange-Traded Portfolios|WSJ.com/ETFresearch
Largest 100 exchange-traded funds, latest session