TRA Macro Tracking Index
Current Outlook
Yields are going up as Treasuries face a big sell off, in part from higher oil prices and longer term risks around federal spending. New unemployment claims are down to lower levels too, which is a mixed message that includes labor market stability and more long-term jobless removing themselves from the labor market.
Stay tuned as always.
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of July 23, 2026 | ||
| 10 Year Yields1 | 4.703 | ↑ Up |
| U.S. Dollar Index2 | 101.487 | ↑ Up |
| Consumer Confidence as of July 17, 2026 | ||
| MSCI3 | 54.4 | ↑ Up |
| Conference Board4 | 91.2 | → Flat |
| GDP as of July 17, 2026 | ||
| GDPNow5 | 1.7% | → Flat |
| Unemployment as of July 2, 2026 | ||
| Unemployment6 | 4.2% | ↓ Down |
| Inflation as of June 25, 2026 | ||
| Core PCE7 | 3.4% | ↑ Up |
| Containerized Freight Index as of July 1, 2026 | ||
| TSI8 | 139.6 | ↑ Up |