Capitalytics

**Regression for Market Volatility Index**

	Dependent variable (+/- SE):

	Market Volatility Index

Constant	967.529 (+/- 150.916)
	p = 0.00001^***
Real GDP growth	8.751 (+/- 2.336)
	p = 0.002^***
Nominal GDP growth	-9.199 (+/- 2.316)
	p = 0.001^***
Real disposable income growth	0.407 (+/- 0.138)
	p = 0.007^***
CPI Inflation Rate	9.164 (+/- 1.950)
	p = 0.0001^***
Home Price Index	-0.682 (+/- 0.150)
	p = 0.0002^***
LN_30-year Treasury Yield	-295.300 (+/- 88.913)
	p = 0.003^***
20-year Treasury Yield	-1,106.721 (+/- 191.991)
	p = 0.00001^***
LN_20-year Treasury Yield	1,246.863 (+/- 279.358)
	p = 0.0002^***
1-month Treasury Yield	-13.056 (+/- 3.321)
	p = 0.001^***
LN_7-year Treasury Yield	552.184 (+/- 163.839)
	p = 0.003^***
5-year Treasury Yield	288.824 (+/- 70.822)
	p = 0.0005^***
LN_5-year Treasury Yield	-856.287 (+/- 153.460)
	p = 0.00002^***
LN_3-year Treasury Yield	262.945 (+/- 43.764)
	p = 0.00001^***
LN_1-year Treasury Yield	-29.835 (+/- 7.333)
	p = 0.0005^***
7-year Treasury Yield_2	-53.617 (+/- 13.998)
	p = 0.001^***
20-year Treasury Yield_2	133.951 (+/- 22.674)
	p = 0.00001^***

Observations	40
R²	0.831
Adjusted R²	0.714
Residual Std. Error	6.942 (df = 23)
F Statistic	7.088^*** (df = 16; 23)

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