TRA Macro Tracking Index
Current Outlook
Closing out the week with higher yields and a stronger dollar as the bond market continues to see inflation and sovereign risks as elevated, and the prospect of a rate hike in September is increasingly being priced in.
Have a great weekend and check back again for more updates next week, including the July employment report.
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of July 31, 2026 | ||
| 10 Year Yields1 | 4.72 | ↑ Up |
| U.S. Dollar Index2 | 100.143 | ↑ Up |
| Consumer Confidence as of July 17, 2026 | ||
| MSCI3 | 54.4 | ↑ Up |
| Conference Board4 | 91.2 | → Flat |
| GDP as of July 30, 2026 | ||
| GDPNow5 | 5.0% | ↑ Up |
| Unemployment as of July 2, 2026 | ||
| Unemployment6 | 4.2% | ↓ Down |
| Inflation as of July 30, 2026 | ||
| Core PCE7 | 3.3% | ↓ Down |
| Containerized Freight Index as of July 1, 2026 | ||
| TSI8 | 139.6 | ↑ Up |