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    Current Economic Indicators

    The latest values of the key US interest-rate, credit, market and inflation indicators — at a glance, each linked to its full history.

    FRED
    Updated 2026-07-09 15:16:29-05

    How to read these economic indicators

    This page tracks the indicators most often looked up by their FRED code — DFF (federal funds rate), DGS2 and DGS10 (2- and 10-year Treasury yields), T10Y2Y (the 10-year minus 2-year spread that inverts ahead of recessions), VIXCLS (the VIX volatility index) and BAMLH0A0HYM2 (the high-yield credit spread) — alongside headline inflation (CPI), the unemployment rate and the M2 money supply. Every value updates from FRED; click any indicator for its full chart, history and CSV download.

    Latest readings at a glance

    Effective Federal Funds Rate (DFF)
    Fed
    3.62%
    As of Jul 8, 2026
    2-Year Treasury Yield (DGS2)
    Treasury
    4.21%
    As of Jul 8, 2026
    10-Year Treasury Yield (DGS10)
    Treasury
    4.56%
    As of Jul 8, 2026
    10y–2y Treasury Spread (T10Y2Y)
    Treasury
    0.38%
    As of Jul 9, 2026
    30-Year Fixed Mortgage Rate (MORTGAGE30US)
    Freddie Mac
    6.49%
    As of Jul 9, 2026
    High-Yield Credit Spread (OAS) (BAMLH0A0HYM2)
    ICE BofA
    2.70%
    As of Jul 8, 2026
    CBOE Volatility Index (VIX) (VIXCLS)
    CBOE
    15.8
    As of Jul 9, 2026
    Consumer Price Index (CPI) (CPIAUCSL)
    BLS
    334.0
    As of May 2026
    Unemployment Rate (UNRATE)
    BLS
    4.20%
    As of Jun 2026
    M2 Money Supply (M2SL)
    Fed
    $23.05T
    As of May 2026

    Current Economic Indicators — Latest Values (as of Jul 8, 2026)

    IndicatorFRED codeCurrent valueAs ofSource
    Effective Federal Funds RateDFF3.62%Jul 8, 2026Fed
    2-Year Treasury YieldDGS24.21%Jul 8, 2026Treasury
    10-Year Treasury YieldDGS104.56%Jul 8, 2026Treasury
    10y–2y Treasury SpreadT10Y2Y0.38%Jul 9, 2026Treasury
    30-Year Fixed Mortgage RateMORTGAGE30US6.49%Jul 9, 2026Freddie Mac
    High-Yield Credit Spread (OAS)BAMLH0A0HYM22.70%Jul 8, 2026ICE BofA
    CBOE Volatility Index (VIX)VIXCLS15.8Jul 9, 2026CBOE
    Consumer Price Index (CPI)CPIAUCSL334.0May 2026BLS
    Unemployment RateUNRATE4.20%Jun 2026BLS
    M2 Money SupplyM2SL$23.05TMay 2026Fed

    Frequently Asked Questions

    What is the 10-year minus 2-year Treasury spread (T10Y2Y)?

    T10Y2Y is the 10-year Treasury yield minus the 2-year Treasury yield. When it turns negative (“inverts”), long-term rates have fallen below short-term rates — historically one of the most reliable recession warnings, typically leading downturns by 6–18 months.

    What does the VIX (VIXCLS) measure?

    The CBOE Volatility Index estimates the stock market’s expected 30-day volatility implied by S&P 500 option prices. Readings below about 15 signal calm markets; spikes above 30 reflect fear and stress.

    What is the high-yield credit spread (BAMLH0A0HYM2)?

    It is the extra yield investors demand to hold below-investment-grade (“junk”) corporate bonds instead of Treasuries. Widening spreads signal rising default risk and tightening financial conditions; narrowing spreads signal risk appetite.

    How often are these indicators updated?

    Interest-rate, Treasury-yield, spread, VIX and exchange-rate series update every business day; CPI and the unemployment rate are monthly, and M2 is monthly. Each value shown is the latest published observation from FRED, refreshed daily.