TRA Macro Tracking Index
Current Outlook
Credit markets had a bouncy day yesterday with yields starting out high and ending lower, only to bounce back this morning. The dollar slid nominally to start the day as well.
Interesting new tidbits...Consumer Confidence continued its decline in the latest University of Michigan survey, in large part due to higher prices related to the conflict in the Middle East. Additionally, the CPI print showed significant price increases for the month of March, which the market is currently signaling it expects will revert. We will see of course if the market is right about this assumption.
Have a great weekend! And come back next week to check on more insights.
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of April 10, 2026 | ||
| 10 Year Yields1 | 4.301 | → Flat |
| U.S. Dollar Index2 | 98.649 | ↓ Down |
| Consumer Confidence as of April 10, 2026 | ||
| MSCI3 | 47.6 | ↓ Down |
| Conference Board4 | 91.2 | ↑ Up |
| GDP as of April 8, 2026 | ||
| GDPNow5 | 1.3% | ↓ Down |
| Unemployment as of April 3, 2026 | ||
| Unemployment6 | 4.3% | ↓ Down |
| Inflation as of April 9, 2026 | ||
| Core PCE7 | 3.0% | ↓ Down |
| Containerized Freight Index as of April 1, 2026 | ||
| TSI8 | 136.4 | ↓ Down |