2026-05-19 TACO Pressure Index Update: Elevated at 30.51

This custom framework combines equities, front-end rates, inflation expectations, and volatility into one daily score. On 2026-05-19, the score printed 30.51/100 in the elevated regime, with front-end rate pressure and inflation expectations doing most of the work.

Composite score30.51
RegimeELEVATED
Published2026-05-19

Daily pressure check for 2026-05-19: the TACO Pressure Index closed at 30.51/100, signaling a elevated pressure regime as front-end rate pressure and inflation expectations shaped the daily read. Includes charts, a component breakdown, and a narrative summary.

Pressure history

Composite score history

Trailing 90 sessions through 2026-05-19

Latest component scores

Bar chart of the latest component scores

Today’s component breakdown

2Y Treasury rate pressure

50.93/100

4.13% level, +13.00 bp vs 5 sessions 60% level + 40% change

Latest: 4.13 on 2026-05-19

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

Inflation expectations pressure

39.60/100

2.66% level, -3.00 bp vs 5 sessions 60% level + 40% change

Latest: 2.66 on 2026-05-19

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

VIX volatility pressure

18.71/100

18.06 index level

Latest: 18.06 on 2026-05-19

Higher implied volatility usually means greater market stress.

S&P 500 equity signal

12.80/100

-0.64% vs 5 sessions | pressure 12.80 | relief 0.00 signed 5-session move

Latest: 7,353.61 on 2026-05-19

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.