Every US Treasury coupon auction closes with five numbers that decide whether the strip reads the stop as strong, average, or fade: the high yield, the bid-to-cover ratio, the tail versus the when-issued yield, the indirect bidder share, and the primary dealer take. Together they tell you how deep the demand ran and where the residual duration sat down.
The Conference Board's Leading Economic Index prints a headline number every month, but the line the recession callers watch is the six-month diffusion of the ten components under 50, with 47 as the historical signal.
A nominal Treasury yield mixes the real cost of money with expected inflation. TIPS strip out the inflation piece so the real yield stands alone, and it is the number that matters for capital allocation.
Core goods carry about 19 percent of the CPI-U basket, core services carry about 61 percent, and shelter alone carries 36 percent. The June CPI print reads the tariff pass-through through the smallest of the three.
@% publishes short macroeconomic articles. The number, the context, why it moved. Most macro journalism buries one data point under fifteen paragraphs. We do the opposite. Published by AT Media Group. No stock picks. No padding.