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Economy

The official prints that set the backdrop: rates, inflation, jobs, credit, housing. Each series shows its latest value, the year-over-year move, and its recent path. Refreshed nightly from FRED.

Our read of the prints

Sentiment collapse meets sticky inflation at historic real yields

STAGFLATION

Rates

10y Real Yield
2026-07-16
2.35%
+0.30 pt /yr
10-Year Yield
2026-07-16
4.57%
+0.11 pt /yr
2-Year Yield
2026-07-16
4.16%
+0.28 pt /yr
Fed Funds
2026-06-01
3.63%
-0.70 pt /yr
10y-2y Curve
2026-07-17
0.37%
-0.19 pt /yr

Inflation

Core PCE
2026-05-01
130.1
+3.4% /yr
CPI Inflation
2026-06-01
332.6
+3.5% /yr
10y Breakeven Inflation
2026-07-17
2.24%
-0.19 pt /yr

Labor

Nonfarm Payrolls
2026-06-01
158,984
+0.3% /yr
Unemployment Rate
2026-06-01
4.20%
+0.10 pt /yr
Initial Jobless Claims (weekly)
2026-07-11
208,000
-8.8% /yr

Credit

High-Yield Credit Spread
2026-07-16
2.71%
-0.29 pt /yr
Investment-Grade Credit Spread
2026-07-16
0.78%
-0.03 pt /yr
Household Debt Service Ratio
2026-01-01
11.2
+0.1% /yr

Growth

Industrial Production
2026-06-01
102.6
+1.1% /yr

Housing

30y Mortgage Rate
2026-07-16
6.55%
-0.17 pt /yr
Housing Starts
2026-06-01
1,427
+3.5% /yr

Sentiment

Consumer Sentiment (Michigan)
2026-05-01
44.8
-14.2% /yr

Money

M2 Money Supply
2026-05-01
23,052.3
+5.6% /yr

Stress

Financial Stress Index
2026-07-10
-0.9
-0.0% /yr

20 series, snapshotted nightly by our pipeline from FRED (Federal Reserve economic data), as of Jul 17. Color marks whether the year's move usually reads as strain or relief; official prints, not a forecast.