Editor's Note: This is a condensed version of the usual Weekend Wrap due to time limitations, fast-changing narratives and the NCAA Men's Basketball Championship Tournament. Full commentary will be posted on Monday, March 23. - FR
There has been a major signal shift coming from the White House and Trump's latest "truths" and "tweets" leaning favorably towards a cut and run from the Middle East without admitting defeat. Because this issue begs for more clarity - and because college basketball in March takes precedence over everything - a fuller picture should emerge by Monday morning. Money Daily will have a full report prior to the U.S. market open on Monday.
Stocks
Another bummer week for stocks:
Dow: -981.00 (-2.11%)
NASDAQ: -457.75 (-2.07%)
S&P 500: -125.71 (-1.90%)
NYSE Composite: -434.21 (-1.97%)
Dow Transports: -117.17 (-0.66%)
Major averages were all down close to two percent on the week. Not a coincidence. As cynical as commentary on the stock market has become, there's little surprise that stocks stopped out just short of a -10% decline.
Treasury Yield Curve Rates
| Date | 1 Mo | 1.5 mo | 2 Mo | 3 Mo | 4 Mo | 6 Mo | 1 Yr |
|---|---|---|---|---|---|---|---|
| 02/13/2026 | 3.72 | 3.71 | 3.73 | 3.68 | 3.70 | 3.59 | 3.42 |
| 02/20/2026 | 3.72 | 3.73 | 3.74 | 3.69 | 3.71 | 3.61 | 3.51 |
| 02/27/2026 | 3.74 | 3.73 | 3.73 | 3.67 | 3.67 | 3.60 | 3.48 |
| 03/06/2026 | 3.75 | 3.74 | 3.72 | 3.69 | 3.67 | 3.66 | 3.55 |
| 03/13/2026 | 3.75 | 3.74 | 3.71 | 3.72 | 3.69 | 3.70 | 3.66 |
| 03/20/2026 | 3.73 | 3.71 | 3.72 | 3.74 | 3.73 | 3.79 | 3.80 |
| Date | 2 Yr | 3 Yr | 5 Yr | 7 Yr | 10 Yr | 20 Yr | 30 Yr |
|---|---|---|---|---|---|---|---|
| 02/13/2026 | 3.40 | 3.43 | 3.61 | 3.81 | 4.04 | 4.64 | 4.69 |
| 02/20/2026 | 3.48 | 3.50 | 3.65 | 3.85 | 4.08 | 4.66 | 4.72 |
| 02/27/2026 | 3.38 | 3.39 | 3.51 | 3.72 | 3.97 | 4.57 | 4.64 |
| 03/06/2026 | 3.56 | 3.59 | 3.72 | 3.93 | 4.15 | 4.74 | 4.77 |
| 03/13/2026 | 3.73 | 3.74 | 3.87 | 4.07 | 4.28 | 4.89 | 4.90 |
| 03/20/2026 | 3.88 | 3.90 | 4.01 | 4.20 | 4.39 | 4.97 | 4.96 |
Commentary Monday...
Spreads:
2s-10s
2025
1/3: +32
1/10: +37
1/17: +34
1/24: +36
1/31: +36
2/7: +20
2/14: +21
2/21: +23
2/28: +25
3/7: +33
3/14: +29
3/21: +31
3/28: +38
4/4: +33
4/11: +52
4/17: +53
4/25: +55
5/2: +50
5/9: +49
5/16: +45
5/23: +51
5/30: +52
6/6: +48
6/13: +45
6/20: +48
6/27: +56
7/3: +47
7/11: +53
7/18: +56
7/25: +49
8/1: +54
8/8: +51
8/15: +58
8/22: +58
8/29: +64
9/5: +59
9/12: +50
9/19: +57
9/26: +57
10/3: +45
10/10: +53
10/17: +56
10/24: +54
10/31: +51
11/7: +56
11/14: +52
11/21: +55
11/28: +55
12/5: +58
12/12: +67
12/19: +68
12/26: +68
2026
1/2: +72
1/9: +64
1/16: +65
1/23: +64
1/30: +74
2/6: +72
2/13: +64
2/20: +60
2/27: +59
3/6: +59
3/13: +55
3/20: +51
Full Spectrum (30-days - 30-years)
2025
1/3: +38
1/10: +54
1/17: +41
1/24: +40
1/31: +36
2/7: +32
2/14: +32
2/21: +31
2/28: +13
3/7: +24
3/14: +25
3/21: +23
3/28: +26
4/4: +5
4/11: +38
4/17: +44
4/25: +40
5/2: +41
5/9: +46
5/16: +52
5/23: +68
5/30: +59
6/6: +69
6/13: +67
6/20: +69
6/27: +66
7/3: +51
7/11: +59
7/18: +65
7/25: +55
8/1: +32
8/8: +37
8/15: +44
8/22: +41
8/29: +51
9/5: +49
9/12: +40
9/19: +54
9/26: +55
10/3: +47
10/10: +43
10/17: +42
10/24: +48
10/31: +61
11/7: +69
11/14: +70
11/21: +68
11/28: +62
12/5: +97
12/12: +109
12/19: +111
12/26: +111
2026
1/2: +114
1/9: +112
1/16: +108
1/23: +104
1/30: +115
2/6: +113
2/13: +97
2/20: +100
2/27: +90
3/6: +102
3/13: +115
3/20: +123
Oil/Gas
WTI Crude Oil finished the week at $98.09, slightly higher than last Friday's close at $97.20
Average price for a gallon of unleaded regular gasoline in the U.S. is $3.94.
Bitcoin
This week: $68,913.54
Last week: $71,582.53
2 weeks ago: $67,310.05
6 months ago: $112,387.70
One year ago: $84,294.35
Five years ago: $55,870.88
Commentary Monday.
Precious Metals
Gold:Silver Ratio: 66.29; last week: 62.31
Futures, per COMEX continuous contracts:
Gold price 2/20: $5,108.34
Gold price 2/27: $5,296.40
Gold price 3/6: $5,181.30
Gold price 3/13: $5,023.10
Gold price 3/20: $4,492.00
Silver price 2/20: $84.57
Silver price 2/27: $94.39
Silver price 3/6: $84.69
Silver price 3/13: $80.64
Silver price 3/20: $67.81
SPOT:
(stockcharts.com)
Gold 2/20: $5,130.00
Gold 2/27: $5,278.05
Gold 3/6: $5,144.28
Gold 3/13: $5,022.11
Gold 3/20: $4,494.00
Silver 2/20: $84.57
Silver 2/27: $93.82
Silver 3/6: $84.33
Silver: 3/13: $80.60
Silver 3/20: $67.79
Here are the most recent prices for common one ounce gold and silver items sold on eBay (free shipping included, numismatics excluded):
| Item/Price | Low | High | Average | Median |
|---|---|---|---|---|
| 1 oz silver coin: | 80.00 | 93.00 | 86.65 | 87.50 |
| 1 oz silver bar: | 69.99 | 92.74 | 81.72 | 80.55 |
| 1 oz gold coin: | 4,627.15 | 4,867.15 | 4,724.31 | 4,702.95 |
| 1 oz gold bar: | 4,647.15 | 4,891.66 | 4,722.66 | 4,704.29 |
The Single Ounce Silver Market Price Benchmark (SOSMPB) continued to decline through Sunday, to $84.11, a loss of $10.97 from the March 15 price of $95.08 per troy ounce.
WEEKEND WRAP
More to come on Monday...
At the Close, Friday, March 20, 2026:
Dow: 45,577.47, -443.96 (-0.96%)
NASDAQ: 21,647.61, -443.08 (-2.01%)
S&P 500: 6,506.48, -100.01 (-1.51%)
NYSE Composite: 21,616.73, -324.30 (-1.48%)
For the Week:
Dow: -981.00 (-2.11%)
NASDAQ: -457.75 (-2.07%)
S&P 500: -125.71 (-1.90%)
NYSE Composite: -434.21 (-1.97%)
Dow Transports: -117.17 (-0.66%)
Disclaimer: Information disseminated on this site should not be construed as investment advice. Downtown Magazine Inc., Money Daily and it's owners, affiliates and/or employees are not investment advisors and do not offer specific investment advice. All investments have risk. You should consult a professional investment advisor or stock broker or use your individual judgement when making investment decisions. By viewing this site, you hold harmless Downtown Magazine Inc., Money Daily, its owners, affiliates and employees against any and all liability. Copyright 2026, Downtown Magazine Inc., all rights reserved.
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