2026-03-17 TACO Pressure Index Update: Elevated at 35.44
The index is designed to approximate how market stress can build pressure for a softer policy posture. On 2026-03-17, the score printed 35.44/100 in the elevated regime, with inflation expectations and front-end rate pressure doing most of the work.
Fresh macro pressure read for 2026-03-17: the TACO Pressure Index closed at 35.44/100, signaling a elevated pressure regime as inflation expectations and front-end rate pressure shaped the daily read. Includes charts, a component breakdown, and a narrative summary.
Pressure history
Composite score history
Trailing 90 sessions through 2026-03-17
Latest component scores
Today’s component breakdown
Inflation expectations pressure
55.20/100
Inflation pressure reflects both the breakeven level and any fresh 5-session rise.
2Y Treasury rate pressure
35.73/100
Rates pressure reflects both the current 2Y level and any fresh 5-session rise.
VIX volatility pressure
31.56/100
Higher implied volatility usually means greater market stress.
S&P 500 equity signal
19.28/100
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.