Risk — where stress is building
8 indicators · built May 24, 2026
Risk regimeMixed3 of 8 indicators green
●3●3●2
Macro reading
Generating monthly readout…
VIX — Equity Volatility
●Calm
16.76▼1mo41st pct
indexstale · May 21, 2026
Yield Curve (2s10s)
●Flattening
0.43▼1mo1st pct
T10Y3M 0.88
percentage pointsstale · May 22, 2026
Bond Volatility (MOVE proxy)
●Elevated
0.77▲1mo80th pct
annualized ppstale · May 21, 2026
USD Strength (Trade-Weighted)
●Spiking
119▲1mo24th pct
indexstale · May 15, 2026
Credit Spreads (HY OAS)
●Contained
2.78▼1mo15th pct
HY−IG +2.03 pp
percentage pointsstale · May 21, 2026
Funding Stress (CP−Bill)
●Elevated
0.1▼1mo57th pct
percentage pointsstale · May 21, 2026
SPY Trend (50/200-day)
●Risk-on trend
50d+7.0%▲200d+9.8%▲
Golden crosspercent vs MAstale · May 22, 2026
Advance/Decline Line
●Divergence
32,861▼1mo94th pct
cumulative net advancersstale · May 23, 2026