Macro Regime
Live · FREDThe cross-asset context most stock apps ignore — rates, the curve, credit, the dollar, vol, liquidity — with real history from the St. Louis Fed (FRED).
Composite readRisk-On / Easing
10Y Treasury
DGS10 ↗4.45+0.09 (1mo)
2023 → 2026-05-29range 3.30–4.98
Term premium grinding higher; duration still a coin flip.
2s10s Spread
T10Y2Y ↗0.42-0.08 (1mo)
2023 → 2026-06-01range -1.08–0.74
Bull-steepening since the dis-inversion — classic late-cycle tell.
HY Credit OAS
BAMLH0A0HYM2 ↗2.74-0.09 (1mo)
2023 → 2026-05-31range 2.59–4.61
Widening while equities rally — divergence worth respecting.
USD (Broad)
DTWEXBGS ↗118.88+0.11 (1mo)
2023 → 2026-05-29range 117.03–130.04
Soft dollar = tailwind for ex-US and commodities.
VIX
VIXCLS ↗15.32-3.49 (1mo)
2023 → 2026-05-29range 11.86–52.33
Complacent. Cheap convexity if you want tail hedges.
Fed Funds
DFF ↗3.62-0.01 (1mo)
2023 → 2026-05-29range 3.62–5.33
Cutting cycle underway; liquidity impulse turning positive.