TRA Macro Tracking Index
Current Outlook
Yields up and the dollar is down in a what appears to be another challenging start to the week for credit markets. More conflict in the Middle East with Saudi energy infrastructure at higher risks, helping drive oil higher. Markets are keenly watching the Fed's signals for rate policy later this month, and now there is an increased focus on increasing U.S. tax revenues following decades of mostly cuts.
Stay tuned as we track this short week's updates!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of September 8, 2026 | ||
| 10 Year Yields1 | 4.798 | ↑ Up |
| U.S. Dollar Index2 | 98.872 | ↓ Down |
| Consumer Confidence as of August 28, 2026 | ||
| MSCI3 | 51.7 | ↑ Up |
| Conference Board4 | 89.4 | ↓ Down |
| GDP as of September 3, 2026 | ||
| GDPNow5 | 4.7% | ↑ Up |
| Unemployment as of September 4, 2026 | ||
| Unemployment6 | 4.1% | → Flat |
| Inflation as of August 26, 2026 | ||
| Core PCE7 | 3.3% | → Flat |
| Containerized Freight Index as of September 1, 2026 | ||
| TSI8 | 134.9 | ↓ Down |