Macro

Year-to-date performance of key market indicators across money, credit, growth, and inflation.

Last updated: Mar 26, 2026, 9:59 PM

Money

US 10-Year Treasury Yield

Money

3.34%

The global discount rate that reflects expectations for inflation, growth, and monetary policy.

4.33%

+0.14 % YTD

Level

Change (pp)

-0.02 pp

Yield Curve (10Y − 2Y)

Money

36.11%

Shows whether monetary policy is restrictive relative to the economy.

0.46%

-0.26 % YTD

Level

Change (pp)

+0.05 pp

US Dollar Index (DXY)

Money

1.49%

A stronger dollar tightens financial conditions globally.

99.89Index

+1.47 Index YTD

Level

YoY %

-4.02 %

Credit

High Yield Credit Spreads

Credit

12.01%

Measures financial stress by comparing risky corporate debt to government bonds.

3.17%

+0.34 % YTD

Level

Change (pp)

-0.02 pp

Bank Stocks (KBE)

Credit

3.40%

Banks transmit credit into the economy; weakness signals tightening lending conditions.

59.09USD

-2.08 USD YTD

Level

YoY %

+12.39 %

Regional Banks (KRE)

Credit

1.18%

Regional banks are highly sensitive to deposit stress and commercial lending.

64.47USD

-0.77 USD YTD

Level

YoY %

+14.20 %

Growth

Semiconductor Index (SOX)

Growth

2.96%

Semiconductors sit upstream of electronics, autos, and AI infrastructure.

7.59kIndex

+218.4 Index YTD

Level

YoY %

+71.81 %

Copper

Growth

3.01%

Industrial metal demand tracks construction and manufacturing activity.

5.47USD/lb

-0.17 USD/lb YTD

Level

YoY %

+7.32 %

Inflation

Oil (WTI)

Inflation

56.14%

Energy prices propagate through inflation and geopolitics.

89.33USD/bbl

+32.12 USD/bbl YTD

Level

YoY %

+28.61 %