S&P 500 7,609.78 +0.13% NASDAQ 27,093.90 +0.03% DOW 51,307.79 +0.45% R2K 2,931.96 +0.90% VIX 15.77 -1.74%
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Research /Macro & rates

Macro & rates

The macro picture that moves US equities — the Fed path, inflation, the jobs market and the yield curve. Straight from FRED, no editorializing.

Rates & the Fed

Effective Fed Funds rate
3.63 %
-0.27% vs prior 2026-05-01
2-year Treasury yield
4.05 %
+1.76% vs prior 2026-06-01
10-year Treasury yield
4.47 %
+0.45% vs prior 2026-06-01
10-yr minus 2-yr spread
0.41 %
-2.38% vs prior 2026-06-02

Inflation

CPI (headline, SA)
332.41 Index 1982-84=100
+0.64% vs prior 2026-04-01
Core CPI (SA)
335.42 Index 1982-84=100
+0.38% vs prior 2026-04-01
Core PCE
129.63 Index 2017=100
+0.24% vs prior 2026-04-01

Jobs & growth

Unemployment rate
4.30 %
+0.00% vs prior 2026-04-01
Nonfarm payrolls
158736.00 Thousands
+0.07% vs prior 2026-04-01
Initial jobless claims
215000.00 Thousands SA
+2.38% vs prior 2026-05-23

Risk & liquidity

VIX (close)
16.05 Index
+4.77% vs prior 2026-06-01
Source: FRED · live