March and the First Quarter in Figures
April 1, 2016
March was unlike January and February. Ten-year sovereign bond yields edged a little higher last month but recorded substantial declines in the quarter. Equities likewise performed well in March, but quarterly changes in share prices ranged from modest gains in the S&P 500 and Dow Jones Industrials to double-digit net losses in the Japanese and Swiss markets. The dollar and yen were weak in March. In the quarter as a whole, the yen ranked as the most strong among currencies shown below. Oil appreciated sharply in March but was little changed in the first quarter as a whole. Just the reverse, gold was steady in March but climbed 15.5% between the end of December and end-March.
|10-Yr Yield||03/31/16||Chg vs End Feb||Chg v End-2015|
|U.S.||1.77%||+3 Basis Points||-50 Basis Points|
|3-month rates||03/31/16||Chg vs End Feb||Chg v End-2015|
|U.S.||0.63%||-1 Basis Point||+2 Basis Points|
|FX||03/31/16||Pct Chg in USD||Pct Chg in $|
|Equities||02/29/16||Chg v End-Feb||Chg v End-2015|
|Commodities||02/29/16||Chg v End-Feb||Chg v End-2015|
|Oil, $ per barrel||38.34||+13.6%||+1.3%|
|Gold, $ per ounce||1234.20||0.0%||+15.5%|
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