Market overview
The regime read, the instruments that matter most, and what's coming up.
Next up
Macro releases and index-moving earningsKey ratios
Change over the last monthLive charts
Streaming TradingView chart with indicators and drawing tools. No API key needed. Pick an instrument below, or type any symbol in the chart's search box.
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Government bond yields
TradingView doesn't allow its bond yield feeds in free embeds, so these come from Yahoo and FRED. Click any tile for its history.United States
3M/5Y/10Y/30Y intraday, refreshed every 60s · 2Y and 2s10s dailyInternational 10-year
OECD monthly averages via FRED, about one month behindRates & credit
Treasury yields, the curve, real yields and credit spreads. FRED data updates daily with a one-day lag; the Yahoo yields row is intraday.
Treasury yields
2Y, 10Y, 30Y · 1 yearYield curve
Below zero = invertedReal yield vs breakeven
Real yields drive gold over timeCredit spreads
Widening = stress buildingLiquidity
Net Fed liquidity = Fed balance sheet − Treasury General Account − reverse repo. Falling net liquidity has tended to weigh on risk assets.
Net Fed liquidity
Trillions USD, weeklyS&P 500
For comparisonFunding rates
SOFR vs effective fed fundsFinancial conditions
NFCI · above zero = tighter than averageVolatility
Equity, bond, gold and oil implied volatility, plus the VIX term structure.
VIX term structure
VIX ÷ VIX3M · above 1.0 = backwardationVIX vs VIX3M
1 yearMOVE index
Bond-market volatilityGold & oil vol
GVZ and OVXRegime & correlations
What kind of market this is: how the yield curve is moving, where credit spreads sit in their range, the shape of the VIX curve, and how stocks, bonds, gold and the dollar are moving together. Curve and credit from FRED (daily, one-day lag); prices from Yahoo.
Curve slope history
2s10s and 3m10y · 2 yearsBull = yields falling, bear = yields rising. Steepener = 10Y minus 2Y widening, flattener = narrowing. Moves under 5 bp of slope count as parallel.
Credit spreads
High-yield and investment-grade OAS · 2 yearsVIX term structure
9-day to 1-year implied vol · today vs 1W and 1M agoUpward slope (contango) is normal. When the short end rises above the long end (backwardation), the market is paying up for near-term protection.
Cross-asset correlations
Correlation of daily returns over the chosen window. Blue = move together, orange = move opposite. Bonds are TLT prices, so a positive stocks/bonds reading means stocks and bond prices are falling (or rising) together.
Rolling correlations
Commodities & FX
Futures and spot FX, with the ratios that tell you about growth and fear.
Commodities
Currencies
Global equities
Copper / gold
Growth expectationsUS 10-year yield
Compare with copper/goldGold / silver ratio
Rising = defensiveGold vs 10Y real yield
Gold (left) · real yield, inverted pullBreadth & sector rotation
Is the rally broad or narrow, and where is money rotating?
Sector rotation
RRG-style: relative strength vs momentum against SPY, weekly, 6-week tailsSector participation
Breadth proxy from the 11 SPDR sectorsRatio chart
Sector scoreboard
Returns relative to SPY; click a column to sortPositioning: Commitments of Traders
Large speculators (non-commercials). The COT index places this week's net position within its 3-year range: near 100 = crowded long, near 0 = crowded short. Released Fridays 3:30pm ET for Tuesday's data.
Earnings & calendar
The S&P 500's heaviest names move the index on their reports. Weight shows how much of the index each one is.
Stock research
Index movers
Macro calendar
US Eastern time. Confirm dates the week before; agencies can revise.Treasury auctions
Weak demand (low bid-to-cover, low indirect take-up) on 10Y and 30Y auctions can push yields higher and hit risk assets. Indirect bidders are a proxy for foreign demand.