TRA Macro Tracking Index
Current Outlook
It's a green day for credit conditions. Yields and the dollar are trending down, following the price of oil. Broadly it still feels like we are in a holding pattern, but with oil slowly flowing through Hormuz at a much diminished capacity, the market is interpreting that as a reason for modest excitement despite the inflationary pressures present in the market.
Stay tuned all week for more!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of March 17, 2026 | ||
| 10 Year Yields1 | 4.198 | ↓ Down |
| U.S. Dollar Index2 | 99.628 | ↓ Down |
| Consumer Confidence as of February 24, 2026 | ||
| MSCI3 | 56.6 | ↓ Down |
| Conference Board4 | 91.2 | ↑ Up |
| GDP as of March 12, 2026 | ||
| GDPNow5 | 2.7 | ↓ Down |
| Unemployment as of March 6, 2026 | ||
| Unemployment6 | 4.4% | ↑ Up |
| Inflation as of March 13, 2026 | ||
| Core PCE7 | 3.10% | ↑ Up |
| Containerized Freight Index as of March 2, 2026 | ||
| TSI8 | 137.8 | ↓ Down |