{
  "schemaVersion": "BSNOW-5.0",
  "generatedAt": "2026-10-27T16:43:21.233Z",
  "asOf": "2026-10-26",
  "activeEventCount": 1,
  "nowNumber": 1,
  "events": [
    {
      "id": "NOW-3341EE0F50E5",
      "key": "curve-regime-shift",
      "title": "US curve regime shift",
      "kicker": "CURVE",
      "stage": "spreading",
      "previousStage": "spreading",
      "status": "active",
      "severity": "material",
      "direction": "ease",
      "startedAt": "2026-09-11",
      "updatedAt": "2026-10-26",
      "ageDays": 45,
      "headline": "The Treasury curve is moving toward a less restrictive configuration: 3m10s -10 bp / 5D.",
      "summary": "3m10s is 1.3σ from its recent transformed history with 2 confirming signals.",
      "whyItMatters": "Curve changes can reveal a shift in the balance between policy expectations, growth risk and term premium.",
      "whatChanged": "The event remains spreading; evidence was refreshed with the latest available observations.",
      "watchNext": [
        "Whether both 2s10s and 3m10s move in the same direction.",
        "Whether growth data begin to validate the curve message."
      ],
      "confirmationCount": 2,
      "contradictionCount": 0,
      "propagation": [
        "RATES",
        "GROWTH"
      ],
      "evidence": [
        {
          "seriesId": "T10Y3M",
          "label": "3m10s",
          "date": "2026-10-26",
          "value": 0.78,
          "unit": "rate",
          "move": -0.09999999999999998,
          "moveWindow": "5D",
          "z": 1.26,
          "role": "trigger",
          "displayValue": "0.78%",
          "displayMove": "-10 bp / 5D"
        },
        {
          "seriesId": "DGS10",
          "label": "US 10Y",
          "date": "2026-10-23",
          "value": 5,
          "unit": "rate",
          "move": -0.08999999999999986,
          "moveWindow": "5D",
          "z": -0.8,
          "role": "confirmation",
          "displayValue": "5.00%",
          "displayMove": "-9 bp / 5D"
        },
        {
          "seriesId": "INDPRO",
          "label": "Industrial Production",
          "date": "2026-09-01",
          "value": 103.9506,
          "unit": "index",
          "move": 1.3737999999999886,
          "moveWindow": "5D",
          "z": 0.7,
          "role": "confirmation",
          "displayValue": "103.95",
          "displayMove": "+1.37 / 5D"
        }
      ],
      "fingerprint": "0a17acea8572d221"
    }
  ],
  "signals": [
    {
      "seriesId": "T10Y3M",
      "label": "US 10Y-3M Curve",
      "shortLabel": "3m10s",
      "dimension": "curve",
      "date": "2026-10-26",
      "value": 0.78,
      "displayValue": "0.78%",
      "displayMove": "-10 bp / 5D",
      "moveWindow": "5D",
      "z": 1.26,
      "absZ": 1.26,
      "stressScore": -1.26,
      "attention": "elevated",
      "direction": "ease",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "BAMLC0A0CM",
      "label": "US Corporate OAS",
      "shortLabel": "Corp OAS",
      "dimension": "credit",
      "date": "2026-10-26",
      "value": 0.9,
      "displayValue": "0.90%",
      "displayMove": "+3 bp / 5D",
      "moveWindow": "5D",
      "z": 0.84,
      "absZ": 0.84,
      "stressScore": 0.84,
      "attention": "notable",
      "direction": "stress",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "SOFR",
      "label": "SOFR",
      "shortLabel": "SOFR",
      "dimension": "funding",
      "date": "2026-10-26",
      "value": 3.93,
      "displayValue": "3.93%",
      "displayMove": "+6 bp / 5D",
      "moveWindow": "5D",
      "z": 0.84,
      "absZ": 0.84,
      "stressScore": 0.84,
      "attention": "notable",
      "direction": "stress",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "DGS10",
      "label": "US 10Y Treasury",
      "shortLabel": "US 10Y",
      "dimension": "rates",
      "date": "2026-10-23",
      "value": 5,
      "displayValue": "5.00%",
      "displayMove": "-9 bp / 5D",
      "moveWindow": "5D",
      "z": -0.8,
      "absZ": 0.8,
      "stressScore": -0.8,
      "attention": "notable",
      "direction": "ease",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "INDPRO",
      "label": "US Industrial Production",
      "shortLabel": "Industrial Production",
      "dimension": "growth",
      "date": "2026-09-01",
      "value": 103.9506,
      "displayValue": "103.95",
      "displayMove": "+1.37 / 5D",
      "moveWindow": "5D",
      "z": 0.7,
      "absZ": 0.7,
      "stressScore": -0.7,
      "attention": "normal",
      "direction": "ease",
      "frequencyHint": "monthly"
    },
    {
      "seriesId": "DGS2",
      "label": "US 2Y Treasury",
      "shortLabel": "US 2Y",
      "dimension": "rates",
      "date": "2026-10-23",
      "value": 4.69,
      "displayValue": "4.69%",
      "displayMove": "-5 bp / 5D",
      "moveWindow": "5D",
      "z": -0.42,
      "absZ": 0.42,
      "stressScore": -0.42,
      "attention": "normal",
      "direction": "ease",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "RRPONTSYD",
      "label": "Overnight Reverse Repo",
      "shortLabel": "RRP",
      "dimension": "liquidity",
      "date": "2026-10-26",
      "value": 0.2,
      "displayValue": "$0.2bn",
      "displayMove": "$-0.1bn / 5D",
      "moveWindow": "5D",
      "z": -0.33,
      "absZ": 0.33,
      "stressScore": -0.33,
      "attention": "normal",
      "direction": "ease",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "T10Y2Y",
      "label": "US 10Y-2Y Curve",
      "shortLabel": "2s10s",
      "dimension": "curve",
      "date": "2026-10-26",
      "value": 0.32,
      "displayValue": "0.32%",
      "displayMove": "-6 bp / 5D",
      "moveWindow": "5D",
      "z": 0.3,
      "absZ": 0.3,
      "stressScore": -0.3,
      "attention": "normal",
      "direction": "ease",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "NFCI",
      "label": "Chicago Fed NFCI",
      "shortLabel": "NFCI",
      "dimension": "funding",
      "date": "2026-10-16",
      "value": -0.496,
      "displayValue": "-0.50",
      "displayMove": "+0.04 / 5D",
      "moveWindow": "5D",
      "z": -0.22,
      "absZ": 0.22,
      "stressScore": -0.22,
      "attention": "normal",
      "direction": "ease",
      "frequencyHint": "weekly"
    },
    {
      "seriesId": "WALCL",
      "label": "Federal Reserve Total Assets",
      "shortLabel": "Fed Assets",
      "dimension": "liquidity",
      "date": "2026-10-21",
      "value": 6753604,
      "displayValue": "$6753.6bn",
      "displayMove": "+$7.1bn / 5D",
      "moveWindow": "5D",
      "z": -0.13,
      "absZ": 0.13,
      "stressScore": 0.13,
      "attention": "normal",
      "direction": "stress",
      "frequencyHint": "weekly"
    },
    {
      "seriesId": "DTWEXBGS",
      "label": "Broad US Dollar Index",
      "shortLabel": "Broad USD",
      "dimension": "fx",
      "date": "2026-10-23",
      "value": 121.3202,
      "displayValue": "121.32",
      "displayMove": "-0.08 / 5D",
      "moveWindow": "5D",
      "z": -0.09,
      "absZ": 0.09,
      "stressScore": -0.09,
      "attention": "normal",
      "direction": "down",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "BAMLH0A0HYM2",
      "label": "US High Yield OAS",
      "shortLabel": "HY OAS",
      "dimension": "credit",
      "date": "2026-10-26",
      "value": 3.3,
      "displayValue": "3.30%",
      "displayMove": "+1 bp / 5D",
      "moveWindow": "5D",
      "z": 0.08,
      "absZ": 0.08,
      "stressScore": 0.08,
      "attention": "normal",
      "direction": "stress",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "UNRATE",
      "label": "US Unemployment Rate",
      "shortLabel": "Unemployment",
      "dimension": "growth",
      "date": "2026-09-01",
      "value": 4.2,
      "displayValue": "4.20%",
      "displayMove": "-10 bp / 5D",
      "moveWindow": "5D",
      "z": 0.04,
      "absZ": 0.04,
      "stressScore": 0.04,
      "attention": "normal",
      "direction": "stress",
      "frequencyHint": "monthly"
    },
    {
      "seriesId": "CPIAUCSL",
      "label": "US CPI",
      "shortLabel": "CPI",
      "dimension": "inflation",
      "date": "2026-09-01",
      "value": 336.298,
      "displayValue": "336.30",
      "displayMove": "+3.89 / 5D",
      "moveWindow": "5D",
      "z": -0.02,
      "absZ": 0.02,
      "stressScore": -0.02,
      "attention": "normal",
      "direction": "ease",
      "frequencyHint": "monthly"
    },
    {
      "seriesId": "T10YIE",
      "label": "10Y Breakeven Inflation",
      "shortLabel": "10Y Breakeven",
      "dimension": "inflation",
      "date": "2026-10-26",
      "value": 2.34,
      "displayValue": "2.34%",
      "displayMove": "-1 bp / 5D",
      "moveWindow": "5D",
      "z": 0,
      "absZ": 0,
      "stressScore": 0,
      "attention": "normal",
      "direction": "stress",
      "frequencyHint": "daily"
    }
  ],
  "attentionQueue": [
    {
      "seriesId": "T10Y3M",
      "label": "US 10Y-3M Curve",
      "shortLabel": "3m10s",
      "dimension": "curve",
      "date": "2026-10-26",
      "value": 0.78,
      "displayValue": "0.78%",
      "displayMove": "-10 bp / 5D",
      "moveWindow": "5D",
      "z": 1.26,
      "absZ": 1.26,
      "stressScore": -1.26,
      "attention": "elevated",
      "direction": "ease",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "BAMLC0A0CM",
      "label": "US Corporate OAS",
      "shortLabel": "Corp OAS",
      "dimension": "credit",
      "date": "2026-10-26",
      "value": 0.9,
      "displayValue": "0.90%",
      "displayMove": "+3 bp / 5D",
      "moveWindow": "5D",
      "z": 0.84,
      "absZ": 0.84,
      "stressScore": 0.84,
      "attention": "notable",
      "direction": "stress",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "SOFR",
      "label": "SOFR",
      "shortLabel": "SOFR",
      "dimension": "funding",
      "date": "2026-10-26",
      "value": 3.93,
      "displayValue": "3.93%",
      "displayMove": "+6 bp / 5D",
      "moveWindow": "5D",
      "z": 0.84,
      "absZ": 0.84,
      "stressScore": 0.84,
      "attention": "notable",
      "direction": "stress",
      "frequencyHint": "daily"
    },
    {
      "seriesId": "DGS10",
      "label": "US 10Y Treasury",
      "shortLabel": "US 10Y",
      "dimension": "rates",
      "date": "2026-10-23",
      "value": 5,
      "displayValue": "5.00%",
      "displayMove": "-9 bp / 5D",
      "moveWindow": "5D",
      "z": -0.8,
      "absZ": 0.8,
      "stressScore": -0.8,
      "attention": "notable",
      "direction": "ease",
      "frequencyHint": "daily"
    }
  ],
  "radar": [
    {
      "key": "curve-regime-shift",
      "title": "US curve regime shift",
      "kicker": "CURVE",
      "state": "active",
      "triggerZ": 1.26,
      "threshold": 1.05,
      "gap": 0,
      "direction": "ease",
      "trigger": {
        "seriesId": "T10Y3M",
        "label": "US 10Y-3M Curve",
        "shortLabel": "3m10s",
        "dimension": "curve",
        "date": "2026-10-26",
        "value": 0.78,
        "displayValue": "0.78%",
        "displayMove": "-10 bp / 5D",
        "moveWindow": "5D",
        "z": 1.26,
        "absZ": 1.26,
        "stressScore": -1.26,
        "attention": "elevated",
        "direction": "ease",
        "frequencyHint": "daily"
      },
      "confirmations": [
        "US 10Y",
        "Industrial Production"
      ],
      "activeEventId": "NOW-3341EE0F50E5",
      "watchNext": [
        "Whether both 2s10s and 3m10s move in the same direction.",
        "Whether growth data begin to validate the curve message."
      ]
    },
    {
      "key": "credit-repricing",
      "title": "US credit repricing",
      "kicker": "CREDIT",
      "state": "near",
      "triggerZ": 0.84,
      "threshold": 1.05,
      "gap": 0.21,
      "direction": "stress",
      "trigger": {
        "seriesId": "BAMLC0A0CM",
        "label": "US Corporate OAS",
        "shortLabel": "Corp OAS",
        "dimension": "credit",
        "date": "2026-10-26",
        "value": 0.9,
        "displayValue": "0.90%",
        "displayMove": "+3 bp / 5D",
        "moveWindow": "5D",
        "z": 0.84,
        "absZ": 0.84,
        "stressScore": 0.84,
        "attention": "notable",
        "direction": "stress",
        "frequencyHint": "daily"
      },
      "confirmations": [
        "SOFR"
      ],
      "activeEventId": null,
      "watchNext": [
        "Whether high-yield and investment-grade spreads move together.",
        "Whether tighter financial conditions appear in funding indicators."
      ]
    },
    {
      "key": "funding-pressure",
      "title": "Dollar funding conditions",
      "kicker": "FUNDING",
      "state": "near",
      "triggerZ": 0.84,
      "threshold": 1.05,
      "gap": 0.21,
      "direction": "stress",
      "trigger": {
        "seriesId": "SOFR",
        "label": "SOFR",
        "shortLabel": "SOFR",
        "dimension": "funding",
        "date": "2026-10-26",
        "value": 3.93,
        "displayValue": "3.93%",
        "displayMove": "+6 bp / 5D",
        "moveWindow": "5D",
        "z": 0.84,
        "absZ": 0.84,
        "stressScore": 0.84,
        "attention": "notable",
        "direction": "stress",
        "frequencyHint": "daily"
      },
      "confirmations": [],
      "activeEventId": null,
      "watchNext": [
        "Whether funding stress broadens into credit.",
        "Whether dollar strength reinforces the move."
      ]
    },
    {
      "key": "treasury-repricing",
      "title": "US Treasury repricing",
      "kicker": "RATES",
      "state": "near",
      "triggerZ": -0.8,
      "threshold": 1.05,
      "gap": 0.25,
      "direction": "ease",
      "trigger": {
        "seriesId": "DGS10",
        "label": "US 10Y Treasury",
        "shortLabel": "US 10Y",
        "dimension": "rates",
        "date": "2026-10-23",
        "value": 5,
        "displayValue": "5.00%",
        "displayMove": "-9 bp / 5D",
        "moveWindow": "5D",
        "z": -0.8,
        "absZ": 0.8,
        "stressScore": -0.8,
        "attention": "notable",
        "direction": "ease",
        "frequencyHint": "daily"
      },
      "confirmations": [
        "3m10s"
      ],
      "activeEventId": null,
      "watchNext": [
        "Whether the move persists in both 2Y and 10Y yields.",
        "Whether the curve and credit spreads confirm the repricing."
      ]
    },
    {
      "key": "long-end-duration-repricing",
      "title": "Long-end duration repricing",
      "kicker": "RATES",
      "state": "near",
      "triggerZ": -0.8,
      "threshold": 1.05,
      "gap": 0.25,
      "direction": "ease",
      "trigger": {
        "seriesId": "DGS10",
        "label": "US 10Y Treasury",
        "shortLabel": "US 10Y",
        "dimension": "rates",
        "date": "2026-10-23",
        "value": 5,
        "displayValue": "5.00%",
        "displayMove": "-9 bp / 5D",
        "moveWindow": "5D",
        "z": -0.8,
        "absZ": 0.8,
        "stressScore": -0.8,
        "attention": "notable",
        "direction": "ease",
        "frequencyHint": "daily"
      },
      "confirmations": [],
      "activeEventId": null,
      "watchNext": [
        "Whether the front end confirms or diverges.",
        "Whether credit absorbs or amplifies the duration shock."
      ]
    },
    {
      "key": "growth-shift",
      "title": "US growth signal",
      "kicker": "GROWTH",
      "state": "quiet",
      "triggerZ": 0.7,
      "threshold": 1.05,
      "gap": 0.35,
      "direction": "ease",
      "trigger": {
        "seriesId": "INDPRO",
        "label": "US Industrial Production",
        "shortLabel": "Industrial Production",
        "dimension": "growth",
        "date": "2026-09-01",
        "value": 103.9506,
        "displayValue": "103.95",
        "displayMove": "+1.37 / 5D",
        "moveWindow": "5D",
        "z": 0.7,
        "absZ": 0.7,
        "stressScore": -0.7,
        "attention": "normal",
        "direction": "ease",
        "frequencyHint": "monthly"
      },
      "confirmations": [
        "3m10s"
      ],
      "activeEventId": null,
      "watchNext": [
        "Whether labor and production signals converge.",
        "Whether the curve and credit markets confirm the growth message."
      ]
    },
    {
      "key": "front-end-policy-repricing",
      "title": "Front-end policy repricing",
      "kicker": "RATES",
      "state": "quiet",
      "triggerZ": -0.42,
      "threshold": 1.05,
      "gap": 0.63,
      "direction": "ease",
      "trigger": {
        "seriesId": "DGS2",
        "label": "US 2Y Treasury",
        "shortLabel": "US 2Y",
        "dimension": "rates",
        "date": "2026-10-23",
        "value": 4.69,
        "displayValue": "4.69%",
        "displayMove": "-5 bp / 5D",
        "moveWindow": "5D",
        "z": -0.42,
        "absZ": 0.42,
        "stressScore": -0.42,
        "attention": "normal",
        "direction": "ease",
        "frequencyHint": "daily"
      },
      "confirmations": [
        "US 10Y"
      ],
      "activeEventId": null,
      "watchNext": [
        "Whether the 10Y yield follows the front end.",
        "Whether breakevens or funding rates reinforce the policy repricing."
      ]
    },
    {
      "key": "liquidity-shift",
      "title": "System liquidity shift",
      "kicker": "LIQUIDITY",
      "state": "quiet",
      "triggerZ": -0.33,
      "threshold": 1.05,
      "gap": 0.72,
      "direction": "ease",
      "trigger": {
        "seriesId": "RRPONTSYD",
        "label": "Overnight Reverse Repo",
        "shortLabel": "RRP",
        "dimension": "liquidity",
        "date": "2026-10-26",
        "value": 0.2,
        "displayValue": "$0.2bn",
        "displayMove": "$-0.1bn / 5D",
        "moveWindow": "5D",
        "z": -0.33,
        "absZ": 0.33,
        "stressScore": -0.33,
        "attention": "normal",
        "direction": "ease",
        "frequencyHint": "daily"
      },
      "confirmations": [],
      "activeEventId": null,
      "watchNext": [
        "Whether the liquidity move persists across the next observations.",
        "Whether funding and credit begin to confirm it."
      ]
    },
    {
      "key": "risk-transmission",
      "title": "Cross-market risk transmission",
      "kicker": "CROSS-ASSET",
      "state": "quiet",
      "triggerZ": -0.22,
      "threshold": 1.05,
      "gap": 0.83,
      "direction": "ease",
      "trigger": {
        "seriesId": "NFCI",
        "label": "Chicago Fed NFCI",
        "shortLabel": "NFCI",
        "dimension": "funding",
        "date": "2026-10-16",
        "value": -0.496,
        "displayValue": "-0.50",
        "displayMove": "+0.04 / 5D",
        "moveWindow": "5D",
        "z": -0.22,
        "absZ": 0.22,
        "stressScore": -0.22,
        "attention": "normal",
        "direction": "ease",
        "frequencyHint": "weekly"
      },
      "confirmations": [
        "US 10Y"
      ],
      "activeEventId": null,
      "watchNext": [
        "Whether confirmation broadens into another asset class.",
        "Whether contradictions appear that break the transmission chain."
      ]
    },
    {
      "key": "dollar-move",
      "title": "US dollar move",
      "kicker": "FX",
      "state": "quiet",
      "triggerZ": -0.09,
      "threshold": 1.05,
      "gap": 0.96,
      "direction": "down",
      "trigger": {
        "seriesId": "DTWEXBGS",
        "label": "Broad US Dollar Index",
        "shortLabel": "Broad USD",
        "dimension": "fx",
        "date": "2026-10-23",
        "value": 121.3202,
        "displayValue": "121.32",
        "displayMove": "-0.08 / 5D",
        "moveWindow": "5D",
        "z": -0.09,
        "absZ": 0.09,
        "stressScore": -0.09,
        "attention": "normal",
        "direction": "down",
        "frequencyHint": "daily"
      },
      "confirmations": [
        "US 10Y"
      ],
      "activeEventId": null,
      "watchNext": [
        "Whether rates and funding conditions confirm the dollar move.",
        "Whether the move persists beyond the current five-day window."
      ]
    },
    {
      "key": "inflation-repricing",
      "title": "Inflation repricing",
      "kicker": "INFLATION",
      "state": "quiet",
      "triggerZ": -0.02,
      "threshold": 1.05,
      "gap": 1.03,
      "direction": "ease",
      "trigger": {
        "seriesId": "CPIAUCSL",
        "label": "US CPI",
        "shortLabel": "CPI",
        "dimension": "inflation",
        "date": "2026-09-01",
        "value": 336.298,
        "displayValue": "336.30",
        "displayMove": "+3.89 / 5D",
        "moveWindow": "5D",
        "z": -0.02,
        "absZ": 0.02,
        "stressScore": -0.02,
        "attention": "normal",
        "direction": "ease",
        "frequencyHint": "monthly"
      },
      "confirmations": [
        "US 10Y"
      ],
      "activeEventId": null,
      "watchNext": [
        "Whether market breakevens and realized inflation point in the same direction.",
        "Whether front-end Treasury yields confirm the move."
      ]
    }
  ],
  "connections": [],
  "resolvedEvents": [
    {
      "id": "NOW-1BE7FCD62857",
      "key": "credit-repricing",
      "title": "US credit repricing",
      "kicker": "CREDIT",
      "previousStage": "emerging",
      "resolvedAt": "2026-10-26",
      "startedAt": "2026-10-16",
      "lastHeadline": "Credit spreads are widening materially: Corp OAS +6 bp / 5D.",
      "whyItMattered": "Credit spreads are a direct market price of corporate financing pressure and risk appetite.",
      "reason": "The latest available evidence no longer meets the material-event trigger conditions."
    }
  ],
  "changeLog": [
    {
      "type": "resolved",
      "eventId": "NOW-1BE7FCD62857",
      "title": "US credit repricing",
      "at": "2026-10-26",
      "detail": "Resolved after previously being emerging."
    }
  ],
  "marketContext": {
    "attention": "normal",
    "signalHeat": 0.89,
    "notableSignals": 4,
    "elevatedSignals": 1,
    "stressBreadth": 2,
    "easeBreadth": 2,
    "topSignals": [
      "T10Y3M",
      "BAMLC0A0CM",
      "SOFR",
      "DGS10",
      "INDPRO"
    ]
  },
  "changes": {
    "new": [],
    "stageChanged": [],
    "resolved": [
      "NOW-1BE7FCD62857"
    ]
  },
  "pulse": {
    "detected": 0,
    "emerging": 0,
    "confirmed": 0,
    "spreading": 1,
    "peaking": 0,
    "fading": 0,
    "quiet": false
  },
  "provenance": {
    "provider": "FRED",
    "methodologyVersion": "NOW-MARKET-INTELLIGENCE-5.0",
    "inputHash": "767555b150d2e83f6e0607212347e794e25d566fcfaa80ac2db53d3a4b494373",
    "series": [
      {
        "id": "DGS2",
        "label": "US 2Y Treasury",
        "lastDate": "2026-10-23",
        "frequencyHint": "daily"
      },
      {
        "id": "DGS10",
        "label": "US 10Y Treasury",
        "lastDate": "2026-10-23",
        "frequencyHint": "daily"
      },
      {
        "id": "T10Y2Y",
        "label": "US 10Y-2Y Curve",
        "lastDate": "2026-10-26",
        "frequencyHint": "daily"
      },
      {
        "id": "T10Y3M",
        "label": "US 10Y-3M Curve",
        "lastDate": "2026-10-26",
        "frequencyHint": "daily"
      },
      {
        "id": "WALCL",
        "label": "Federal Reserve Total Assets",
        "lastDate": "2026-10-21",
        "frequencyHint": "weekly"
      },
      {
        "id": "RRPONTSYD",
        "label": "Overnight Reverse Repo",
        "lastDate": "2026-10-26",
        "frequencyHint": "daily"
      },
      {
        "id": "BAMLH0A0HYM2",
        "label": "US High Yield OAS",
        "lastDate": "2026-10-26",
        "frequencyHint": "daily"
      },
      {
        "id": "BAMLC0A0CM",
        "label": "US Corporate OAS",
        "lastDate": "2026-10-26",
        "frequencyHint": "daily"
      },
      {
        "id": "SOFR",
        "label": "SOFR",
        "lastDate": "2026-10-26",
        "frequencyHint": "daily"
      },
      {
        "id": "NFCI",
        "label": "Chicago Fed NFCI",
        "lastDate": "2026-10-16",
        "frequencyHint": "weekly"
      },
      {
        "id": "T10YIE",
        "label": "10Y Breakeven Inflation",
        "lastDate": "2026-10-26",
        "frequencyHint": "daily"
      },
      {
        "id": "CPIAUCSL",
        "label": "US CPI",
        "lastDate": "2026-09-01",
        "frequencyHint": "monthly"
      },
      {
        "id": "UNRATE",
        "label": "US Unemployment Rate",
        "lastDate": "2026-09-01",
        "frequencyHint": "monthly"
      },
      {
        "id": "INDPRO",
        "label": "US Industrial Production",
        "lastDate": "2026-09-01",
        "frequencyHint": "monthly"
      },
      {
        "id": "DTWEXBGS",
        "label": "Broad US Dollar Index",
        "lastDate": "2026-10-23",
        "frequencyHint": "daily"
      }
    ]
  },
  "disclaimers": [
    "BondStats NOW reports deterministic classifications from the latest available public data; it is not investment advice or a forecast.",
    "Active events require a material trigger. The radar and signal board remain visible even when no material event is active.",
    "Lifecycle labels describe changes in observed evidence, not predicted future direction.",
    "FRED series have different publication frequencies and may be revised by their original sources."
  ]
}