US Financial Conditions Index at ~1.2 points, easiest since February 2026, driven by rising equities and tightening corporate bond spreads.
Macro & Markets ·
The US Financial Conditions Index reached approximately 1.2 points, marking the easiest level since February 2026 and near its highest reading in at least 11 years, driven primarily by rising equity markets and tightening corporate bond spreads. The index has climbed more than 1.0 points from its March low, with comparable readings in the past decade occurring only in early 2025 and during 2021 before rate hikes began. Financial conditions have eased despite recent inflation increases.