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US Interest Rate Projection - Longer climbed to 3.1% in February 2026, released March 2026, up 0.1% from January's 3.0% reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Interest Rate Projection - Longer (United States) was reported at 3.1% in February 2026. The reading rose from the previous value of 3%.
The trailing three releases averaged 3.03%, up from the prior three at 3%. In March readings over the past 3 years, Interest Rate Projection - Longer has averaged 2.9%.
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
The next release is scheduled for June 17, 2026. Same-country events in the next 14 days include OPEC Monthly Report (Jun 11) and Core PPI MoM (Jun 11).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
Term The Interest Rate Projection - Longer Term is a financial indicator that provides an estimate of the expected interest rates over a longer period of time, typically ranging from 1 to 10 years. This projection is based on various economic factors and can be used by investors, businesses, and policymakers to make informed decisions about borrowing, investing, and monetary policy. It serves as a valuable tool for predicting future market trends and planning for long-term financial strategies.
Policy-rate decisions and associated communication are the primary near-term driver of front-end rates, currencies, and equity-discount-rate inputs. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Mar 2026): actual 3.1 %. Prior reading (Dec 2025): 3 %. Before that (Sep 2025): 3 %.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.
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| Wednesday, June 10, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | Core Inflation Rate MoM | 0.2 | 0.4 | 0.3 | 0.25 | High | |
| 12:30 | CPI | 335.12 | 333.02 | 335.11 | 335.12 | Medium | |
| 12:30 | CPI s.a | 333.979 | 332.407 | 333.7 | 333.84 | Medium | |
| 12:30 | Core Inflation Rate YoY | 2.9 | 2.8 | 2.9 | 2.90 | High | |
| 12:30 | Inflation Rate MoM | 0.5 | 0.6 | 0.5 | 0.50 | High | |
| 12:30 | Inflation Rate YoY | 4.2 | 3.8 | 4.2 | 4.20 | High | |
| 12:30 | CPI YoY | 4.2 | 3.8 | 4.2 | 4.20 | High | |
| 12:30 | CPI MoM | 0.2 | 0.4 | 0.3 | 0.25 | High | |
| 14:30 | EIA Distillate Stocks Change | -0.2 | 1.502 | -0.5 | -0.35 | Low | |
| 14:30 | EIA Gasoline Stocks Change | 0.186 | 3.364 | -0.5 | -0.16 | Medium | |
| 14:30 | EIA Crude Oil Stocks Change | -7.228 | -7.974 | -4 | -5.61 | Medium | |
| 18:00 | Monthly Budget Statement | -293 | 215 | -275 | -284.00 | Medium | |
| 18:00 | Budget Balance | -293 | 215 | -282.9 | -287.95 | Medium | |
| Thursday, June 11, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Core PPI MoM | 1 | 0.5 | 0.50 | Medium | ||
| 12:30 | Producer Price Index YoY | 6 | 6.4 | 6.40 | Low | ||
| 12:30 | Initial Jobless Claims | 225 | 219 | 219.00 | Medium | ||
| 12:30 | Continuing Jobless Claims | 1777 | 1780 | 1780.00 | Low | ||
| 12:30 | Producer Price Index MoM | 1.4 | 0.7 | 0.70 | High | ||
| 12:30 | Core PPI YoY | 5.2 | 5.4 | 5.40 | Low | ||
| 12:30 | Jobless Claims 4-Week Average | 214.75 | 216.5 | 216.50 | Low | ||
| 12:30 | Producer Price Index | 156.496 | 157.5 | 157.50 | Low | ||
| 12:30 | PPI Ex Food, Energy and Trade YoY | 4.4 | 4.4 | 4.40 | Low | ||
| 12:30 | PPI Ex Food, Energy and Trade MoM | 0.6 | 0.3 | 0.30 | Low | ||
| 14:30 | EIA Natural Gas Stocks Change | 95 | 101 | 101.00 | Low | ||
| Friday, June 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 14:00 | Michigan Current Conditions | 45.8 | 46.2 | 47.65 | Low | ||
| 14:00 | Michigan Inflation Expectations | 4.8 | 4.8 | 4.80 | Low | ||
| 14:00 | Michigan 5 Year Inflation Expectations | 3.9 | 3.8 | 3.80 | Low | ||
| 14:00 | Michigan Consumer Expectations | 44.1 | 44.3 | 44.10 | Low | ||
| 14:00 | Michigan Consumer Sentiment | 44.8 | 46 | 46.25 | High | ||
| Monday, June 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | NY Empire State Manufacturing Index | 19.6 | 9 | 7.30 | Medium | ||
| 13:15 | Industrial Production MoM | 0.7 | 0.5 | 0.55 | Medium | ||
| 13:15 | Capacity Utilization | 76.1 | 76 | 76.05 | Low | ||
| 13:15 | Industrial Production YoY | 1.4 | 1.9 | 1.55 | Low | ||
| 13:15 | Manufacturing Production MoM | 0.6 | 0.3 | 0.35 | Low | ||
| 13:15 | Manufacturing Production YoY | 1.3 | 1.7 | 1.35 | Low | ||
| 14:00 | NAHB Housing Market Index | 37 | 36 | 36.50 | Medium | ||