2026-03-20 TACO Pressure Index Update: Elevated at 43.04
This custom framework combines equities, front-end rates, inflation expectations, and volatility into one daily score. On 2026-03-20, the score printed 43.04/100 in the elevated regime, with front-end rate pressure and volatility doing most of the work.
Fresh macro pressure read for 2026-03-20: the TACO Pressure Index closed at 43.04/100, signaling a elevated pressure regime as front-end rate pressure and volatility shaped the daily read. See the chart pack, score regime, and what drove the latest reading.
Pressure history
Composite score history
Trailing 90 sessions through 2026-03-20
Latest component scores
Today’s component breakdown
2Y Treasury rate pressure
47.47/100
Rates pressure reflects both the current 2Y level and any fresh 5-session rise.
VIX volatility pressure
44.98/100
Higher implied volatility usually means greater market stress.
Inflation expectations pressure
41.80/100
Inflation pressure reflects both the breakeven level and any fresh 5-session rise.
S&P 500 equity signal
37.91/100
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.