U.S. macro backdrop
MACRO BACKDROP · MARKET VIEW
Market view · as of Jun 3, 2026
Fed funds rate
3.63%
2026-05-01 · 3.64% prior
10-yr Treasury
4.47%
2026-06-01 · 4.45% prior
Unemployment
4.3%
2026-04-01 · 4.3% prior
CPI (index)
332.407
2026-04-01 · 330.293 prior
As of June 2026, the 10-year Treasury yield stands at 4.47%, trading above the 3.63% Fed funds rate recorded in May. April 2026 economic data reflects an unemployment rate of 4.3% and a CPI index level of 332.407.
Indicators
| Indicator | Latest | Prior | As of |
|---|---|---|---|
| Fed funds rate | 3.63% | 3.64% | 2026-05-01 |
| 10-yr Treasury | 4.47% | 4.45% | 2026-06-01 |
| Unemployment | 4.3% | 4.3% | 2026-04-01 |
| CPI (index) | 332.407 | 330.293 | 2026-04-01 |