Liquidity Conditions 54.4 · YELLOW
Level 3 · weight 15%
Metrics
| Metric | Value | Z | Status | Source |
|---|---|---|---|---|
|
10Y Real Yield (TIPS)
10-Year TIPS yield. Real cost of capital.
|
2.43 % | 2.43 | RED | FRED:DFII10 |
|
10Y Treasury Yield
10-Year Treasury constant maturity nominal yield. Higher rates compete with equities.
|
4.55 % | 1.20 | YELLOW | FRED:DGS10 |
|
High-Yield Credit Spread (OAS)
ICE BofA US High Yield OAS. Credit often cracks before equities.
|
2.79 bps | -0.88 | GREEN | FRED:BAMLH0A0HYM2 |
|
Investment-Grade Credit Spread (OAS)
ICE BofA US Corporate OAS. Lower-frequency stress signal.
|
0.80 bps | -0.77 | GREEN | FRED:BAMLC0A0CM |
|
Yield Curve (10Y-2Y)
10Y minus 2Y spread. Inversion historically precedes recessions.
|
36.00 bps | -0.53 | GREEN | FRED:DGS10-DGS2 |