2026-02-04 TACO Pressure Index Update: Elevated at 26.38
This custom framework combines equities, front-end rates, inflation expectations, and volatility into one daily score. On 2026-02-04, the score printed 26.38/100 in the elevated regime, with inflation expectations and volatility doing most of the work.
Automated market-pressure update for 2026-02-04: the TACO Pressure Index closed at 26.38/100, signaling a elevated pressure regime as inflation expectations and volatility shaped the daily read. Includes charts, a component breakdown, and a narrative summary.
Pressure history
Composite score history
Trailing 90 sessions through 2026-02-04
Latest component scores
Today’s component breakdown
Inflation expectations pressure
32.60/100
Inflation pressure reflects both the breakeven level and any fresh 5-session rise.
VIX volatility pressure
28.80/100
Higher implied volatility usually means greater market stress.
S&P 500 equity signal
27.32/100
A 5-session drawdown adds pressure. A 5-session rally adds relief and can partially offset the composite score.
2Y Treasury rate pressure
16.80/100
Rates pressure reflects both the current 2Y level and any fresh 5-session rise.
Method in one paragraph
The TACO Pressure Index converts four live market inputs into comparable component scores and combines them into one composite reading. The equity leg is symmetric: 5-session drawdowns add pressure, while 5-session rallies add relief and can partially offset the total score. Rates, inflation, and volatility still combine a level component with a 5-session change component before the final result is grouped into LOW, ELEVATED, HIGH, and EXTREME regimes.