MARKETS
macro dashboard
█ Fed & Rates
Fed Funds Rate
4.25–4.50%
current target range
10Y Treasury Yield
4.54%
↑ +0.08 — risk-free benchmark
2Y Treasury Yield
4.28%
↑ +0.03 — most Fed-sensitive
Yield Curve (10Y–2Y)
+0.26%
re-steepened — not inverted
Fed Balance Sheet
$6.8T
↓ from $8.9T peak — QT ongoing
M2 Money Supply
$21.5T
seasonally adjusted
█ Inflation
Core PCE
2.5% YoY
Jan 2026 · Fed target: 2.0%
Headline CPI
2.9% YoY
Feb 2026 · BLS via FRED
Core CPI
3.1% YoY
ex food & energy
█ Labor
Unemployment Rate
4.2%
U-3 · Feb 2026 · BLS
Nonfarm Payrolls
+151k
Feb 2026 · monthly job adds
Initial Jobless Claims
221k
weekly · leading indicator
JOLTS Job Openings
7.6M
Jan 2026 · demand side of labor
█ Housing
30Y Fixed Mortgage
6.81%
week of Mar 6 · Freddie Mac
15Y Fixed Mortgage
6.07%
week of Mar 6 · Freddie Mac
Housing Starts
1.37M
annualized · Jan 2026
Existing Home Sales
4.08M
annualized · Jan 2026
█ Markets
S&P 500
5,614
↓ –1.4% · placeholder
NASDAQ
17,468
↓ –1.9%
VIX
24.2
elevated — fear priced in
Gold (GLD)
$2,915
↑ +0.6% · inflation hedge
█ Credit
10Y–2Y Yield Spread
+0.26%
positive — curve not inverted
BBB Corporate Spread
1.42%
investment grade stress gauge
High Yield Spread
3.85%
widening — risk appetite falling