Live regime readings across major assets and risk indicators.
Sparkline: last 90 points from daily closes
Yield curve shape
FLATTENING
TERM spread regime mapped to curve vocabulary.
Real rates backdrop
STIMULATIVE
TIPS / breakeven stack (engine panel).
Fed funds policy
FRAGILE
Policy rate regime (five-state engine).
HY credit OAS
FRAGILE
High-yield spread regime.
IG credit OAS
EXPANSION
Investment-grade spread regime.
Manifest refreshed 6/3/2026, 9:00:02 AM