Meanwhile, benchmark 10-year Treasury yields traded as high as 2.51% Friday, with the iShares Barclays 7-10 Year Treasury Bond (NYSEArca: IEF) down 2.0% over the past week.
Gold futures rose slightly Friday, trading around $1,295 per ounce. The SPDR Gold Trust (NYSEArca: GLD) experienced a 7.6% drop over the past week.
Top performing non-leveraged ETFs over the past week include the ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) up 11.1%, db-X In-Target Date Fund (NYSEArca: TDX) up 5.7% and ProShares VIX Mid-Term Futures ETF (NYSEArca: VIXM) up 5.6%.
The worst performing non-leveraged funds over the week include the Global X Silver Miners ETF (NYSEArca: SIL) down 18.3%, Junior Gold Miners ETF (NYSEArca: GDXJ) down 18.2% and Global X Gold Explorers ETF (NYSEArca: GLDX) down 18.1%.
In next week’s economic data, look for reports on durable goods orders and new home sales numbers Tuesday.
Full disclosure: Tom Lydon’s clients own GLD.