U.S. macro backdrop
MACRO BACKDROP · MARKET VIEW
Market view · as of Jun 13, 2026
Fed funds rate
3.63%
2026-05-01 · 3.64% prior
10-yr Treasury
4.45%
2026-06-11 · 4.55% prior
Unemployment
4.3%
2026-05-01 · 4.3% prior
CPI (index)
333.979
2026-05-01 · 332.407 prior
The 10-year Treasury yield stands at 4.45% as of June 11, maintaining a spread above the 3.63% federal funds rate recorded in early May. As of May 1, the U.S. unemployment rate was 4.3% and the CPI index was 333.979.
Indicators
| Indicator | Latest | Prior | As of |
|---|---|---|---|
| Fed funds rate | 3.63% | 3.64% | 2026-05-01 |
| 10-yr Treasury | 4.45% | 4.55% | 2026-06-11 |
| Unemployment | 4.3% | 4.3% | 2026-05-01 |
| CPI (index) | 333.979 | 332.407 | 2026-05-01 |