U.S. macro backdrop
MACRO BACKDROP · MARKET VIEW
Market view · as of Jun 1, 2026
Fed funds rate
3.64%
2026-04-01 · 3.64% prior
10-yr Treasury
4.45%
2026-05-28 · 4.48% prior
CPI (index)
332.407
2026-04-01 · 330.293 prior
The 10-year Treasury yield reached 4.45% as of May 28, 2026, maintaining a positive spread over the federal funds rate of 3.64% recorded on April 1, 2026. For that same April period, the Consumer Price Index stood at 332.407.
Indicators
| Indicator | Latest | Prior | As of |
|---|---|---|---|
| Fed funds rate | 3.64% | 3.64% | 2026-04-01 |
| 10-yr Treasury | 4.45% | 4.48% | 2026-05-28 |
| CPI (index) | 332.407 | 330.293 | 2026-04-01 |
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