macro/HIGH confidence

Treasury Yield Regime Sensor

Monitors 10-year Treasury yield levels and yield curve shape.

NORMAL
2d stale
Since Mar 4, 2026

State History

LOW
HIGH
NORMAL
ELEVATED
INVERTED
314 readings|3 state changes|NORMAL: 71%RISING: 29%

State Definitions

LOW

10Y yield < 2%. Low discount rates, supportive for risk assets. ZIRP/QE environment.

HIGH

10Y yield > 5%. Significant headwind for risk assets. Restrictive policy.

NORMAL

10Y yield 2-4%. Normal yield environment. Standard risk pricing.

ELEVATED

10Y yield 4-5%. Higher discount rates pressure valuations. Tightening cycle.

INVERTED

2Y yield > 10Y yield. Classic recession signal. Historically precedes downturns by 6-18 months.

Sources

Read-only intelligence. Sensor states are diagnostic observations, not predictions.