Market condition index · Current read
Tracks sovereign and global bond stress through EM funding spreads, duration pressure, credit transmission, FX tightening, and financial conditions. Sprint 10D rebuild — absorbed GBSI (was US-centric bond stress), elevated to flagship as the single sovereign stress gauge. Inverted so UP = stress rising. Companion to FDCI which tracks structural US fiscal dominance.
16.9 points below the 50-normal line. This locates the selected condition; it is not a forecast. From one official close publication; stale selected read.
Official closes earn richer presentation. The selected current read is never spliced into certified history.
| Official close | Condition | Calculated |
|---|---|---|
| 2026-08-14 | 89.7 | Aug 14, 2026, 11:37 PM UTC |
| 2026-08-24 | 33.1 | Aug 24, 2026, 11:40 PM UTC |
2 certified closes are shown as a dated ledger, not a connected trend.
Only exact governed relationships are navigable. Shared tickers and price moves never create a link.
No Basket, Narrative, or Asset context is inferred from inputs, tickers, price moves, or static “related” lists.
Declared weights explain construction. They do not claim today's contribution or causal impact.
| Input | Source | Formula role | Weight |
|---|
Informational only — not investment advice. MarketSchema is not a registered investment adviser. Condition Percentile reads and indexes are quantitative measurements derived from public market data, not recommendations to buy or sell any security.
| Cadence |
|---|
| EMB | polygon | Rate · inverse | 15% | Intraday |
| TLT | polygon | Price · inverse | 12% | Intraday |
| T10Y2Y | fred | Macro · inverse | 10% | Daily |
| BAA10Y | fred | Rate · positive | 12% | Daily |
| DEXUSEU | fred | Macro · inverse | 10% | Daily |
| DEXCHUS | fred | Macro · positive | 8% | Daily |
| DTWEXBGS | fred | Macro · positive | 8% | Daily |
| VIX | cboe_polygon | Flow · positive | 10% | Intraday |
| NFCI | fred | Flow · positive | 8% | Weekly |
| GLD | polygon | Price · positive | 7.0% | Intraday |