Capitalytics

**Regression for 1-month Treasury Yield**

	Dependent variable (+/- SE):

	1-month Treasury Yield

Constant	2.958 (+/- 0.629)
	p = 0.0001^***
Moody's AAA Curve	-3.415 (+/- 0.620)
	p = 0.00001^***
Moody's BAA Curve	1.767 (+/- 0.358)
	p = 0.00003^***
Real GDP growth	0.228 (+/- 0.035)
	p = 0.00000^***
Nominal GDP growth	-0.228 (+/- 0.032)
	p = 0.00000^***
Unemployment Rate	-0.329 (+/- 0.085)
	p = 0.001^***
BBB corporate yield	-1.553 (+/- 0.273)
	p = 0.00001^***
30-year Mortgate Rate	1.154 (+/- 0.251)
	p = 0.0001^***
20-year Treasury Yield	3.009 (+/- 0.558)
	p = 0.00001^***
LN_10-year Treasury Yield	-6.204 (+/- 1.772)
	p = 0.002^***
LN_7-year Treasury Yield	4.548 (+/- 1.059)
	p = 0.0002^***

Observations	40
R²	0.958
Adjusted R²	0.943
Residual Std. Error	0.307 (df = 29)
F Statistic	65.817^*** (df = 10; 29)

Note:	^p<0.1; ^p<0.05; ^**p<0.01