ThisTracks the Market
Week of September 27, 2026 · updated September 27, 2026
→ This week's reading is steady compared to last week.
This is a gauge, not a crystal ball. It reflects where economic stress indicators sit today — it does not predict what markets will do next.
Currently: 2.80
High-yield credit spread got worse this week (risk score +18), now at a risk reading of 24/100. When this widens, it gets more expensive for businesses and households to borrow — a leading sign that lenders are getting nervous.
Currently: 0.79
Investment-grade spread got worse this week (risk score +10), now at a risk reading of 23/100. When this widens, it gets more expensive for businesses and households to borrow — a leading sign that lenders are getting nervous.
Currently: -0.7% from 1y high
S&P 500 drawdown got worse this week (risk score +6), now at a risk reading of 37/100. How far stocks have pulled back from their recent highs — a rough gauge of how nervous investors are right now.