Capitalytics

**Regression for Moody's AAA Curve**

	Dependent variable (+/- SE):

	Moody's AAA Curve

Constant	3.240 (+/- 0.340)
	p = 0.000^***
SP500 Stock Price Index	-0.001 (+/- 0.00004)
	p = 0.000^***
US Fed Reserve O-N Loan Rate	-0.555 (+/- 0.125)
	p = 0.0001^***
Unemployment Rate	-0.100 (+/- 0.024)
	p = 0.0003^***
Prime Rate	0.493 (+/- 0.096)
	p = 0.00002^***
US Avg Retail Gasoline Price ($-gal; all grades, all formulations)	0.372 (+/- 0.071)
	p = 0.00001^***
3-month Treasury Yield_2	0.067 (+/- 0.017)
	p = 0.0004^***

Observations	40
R²	0.926
Adjusted R²	0.913
Residual Std. Error	0.199 (df = 33)
F Statistic	68.934^*** (df = 6; 33)

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