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Regression for 5-year Treasury Yield
Dependent variable (+/- SE):
5-year Treasury Yield
Constant-0.192 (+/- 0.534)
p = 0.722
SP500 Stock Price Index-0.001 (+/- 0.0003)
p = 0.001***
Real disposable income growth0.154 (+/- 0.047)
p = 0.003***
Nominal disposable income growth-0.144 (+/- 0.047)
p = 0.005***
Unemployment Rate-0.307 (+/- 0.042)
p = 0.00000***
Home Price Index0.026 (+/- 0.006)
p = 0.0001***
US Avg Retail Gasoline Price ($-gal; all grades, all formulations)0.493 (+/- 0.152)
p = 0.003***
Observations40
R20.833
Adjusted R20.803
Residual Std. Error0.406 (df = 33)
F Statistic27.498*** (df = 6; 33)
Note:*p<0.1; **p<0.05; ***p<0.01