Money Temperature · Liquidity-driven everything rally — 3 heating / 1 cooling
Regime read: Liquidity-driven everything rally (moderate). Largest swing: Duration Rotation -39.00 (cooling).
Money Temperature 4-metric read for May 12, 2026. Regime: Liquidity-driven everything rally.
Heating (3): De-dollarization, Risk vs Haven, Tech Premium.
Cooling (1): Duration Rotation.
Full reading: · Duration Rotation — -39.00 (cooling) — >0 = flight to quality · De-dollarization — +22.00 (heating) — >0 = dollar weakness · Risk vs Haven — +19.00 (heating) — >0 = risk-on, <0 = haven bid · Tech Premium — +4.00 (heating) — >0 = AI premium, <0 = rotation out
→ closelook.net/lab/temperature/