The US Financial Conditions Index has climbed to 99.17, marking the tightest levels since mid-2025.

Over the past 20 days, it has jumped +0.77 points the sharpest increase since early 2025 and one of the fastest since the 2022 rate hike cycle.
This comes after conditions had eased significantly in February, hitting recent lows.
📊 What’s driving the shift?
• Rising Treasury yields
• Stronger US Dollar
• Higher oil prices
• Widening credit spreads
• Weakness in equities
💡 Implications:
• Liquidity is tightening
• Financial conditions are becoming restrictive
• Economic growth could slow in the coming months
👉 Clear signal from the market:
Lower yields are needed to ease pressure.
#Macro #Markets #Economy #Fed #Liquidity