Gauge 01Stressed
Risk
Spreads, default risk, issuance conditions.
stress read - higher = more stress
65
0 · Low stress100 · High stressstress read
Systemic Liquidity Tightening
- SYSTEMIC+4.0
- SYSTEMIC+6.0
40% of Composite
Spreads, default risk, issuance conditions.
Systemic Liquidity Tightening
Implied vol across equities, rates, FX.
Risk pillar is deteriorating even though narrative overlays are muted.
Dollar plumbing, reserves, crypto leverage.
Liquidity gauge is tight at 63/100.