Risk appetite watch
Use risk-appetite movement to pace growth and hiring exposure.
Risk appetite · this week
As of Sep 10, 2026
56
of 100
- Against its threshold
- 6 points above the 50 regime threshold.
- Week over week
- No material move recorded this week.
- Built from
- Curve slope 0.4% · 2-year 4.6% · 10-year 5.0%
Risk appetite is derived from the curve, and the curve also feeds funding pressure. A move in the curve shows up on both watches at once, so treat them as one reading rather than two confirmations.
What this changes: This is the pacing input for growth and hiring exposure: the lower it runs, the more of a new commitment should be reversible within the quarter.
This week's bounded call
- • Posture: Sunny
- • Do now: Conditions tightening — keep proven bets moving, but stage anything new.
- • Pause if: Funding pressure rises above 76 or risk appetite falls below 44
- • Re-open when: Funding pressure above 70 (already true at 74) or risk appetite at or below 50 (56 today).
- • Evidence: Regime assessment with risk-sensitive market inputs.