2026-03-04 TACO Pressure Index Update: Elevated at 31.60

It is not a forecast of policy decisions; it is a structured way to monitor pressure building across markets. On 2026-03-04, the score printed 31.60/100 in the elevated regime, with volatility and inflation expectations doing most of the work.

Composite score31.60
RegimeELEVATED
Published2026-03-04

Fresh macro pressure read for 2026-03-04: the TACO Pressure Index closed at 31.60/100, signaling a elevated pressure regime as volatility and inflation expectations shaped the daily read. Explore the score history, daily post, and the four-factor dashboard.

Pressure history

Composite score history

Trailing 90 sessions through 2026-03-04

Latest component scores

Bar chart of the latest component scores

Today’s component breakdown

VIX volatility pressure

39.92/100

21.15 index level

Latest: 21.15 on 2026-03-04

Higher implied volatility usually means greater market stress.

Inflation expectations pressure

35.60/100

2.46% level, +4.00 bp vs 5 sessions 60% level + 40% change

Latest: 2.46 on 2026-03-04

Inflation pressure reflects both the breakeven level and any fresh 5-session rise.

2Y Treasury rate pressure

28.80/100

3.54% level, +9.00 bp vs 5 sessions 60% level + 40% change

Latest: 3.54 on 2026-03-04

Rates pressure reflects both the current 2Y level and any fresh 5-session rise.

S&P 500 equity signal

22.06/100

-1.10% vs 5 sessions | pressure 22.06 | relief 0.00 signed 5-session move

Latest: 6,869.50 on 2026-03-04

A 5-session drawdown adds pressure. A 5-session rally adds relief and can partially offset the composite score.

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.