Capitalytics

**Regression for 3-month Treasury Yield**

	Dependent variable (+/- SE):

	3-month Treasury Yield

Constant	-0.301 (+/- 0.610)
	p = 0.625
Real disposable income growth	0.286 (+/- 0.043)
	p = 0.00000^***
Nominal disposable income growth	-0.265 (+/- 0.043)
	p = 0.00000^***
Unemployment Rate	-0.636 (+/- 0.063)
	p = 0.000^***
Dow Total Stock Market Index	0.0001 (+/- 0.00001)
	p = 0.0001^***
20-year Treasury Yield	5.793 (+/- 0.691)
	p = 0.000^***
LN_20-year Treasury Yield	-12.737 (+/- 1.802)
	p = 0.00000^***

Observations	40
R²	0.921
Adjusted R²	0.906
Residual Std. Error	0.414 (df = 33)
F Statistic	63.856^*** (df = 6; 33)

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