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Dataset specifications / GFC

Global Funding Conditions

A funding-conditions research series for examining how global financing conditions evolve and how their timing relates to risk assets.

See the index outputs

Actual historical observations.

Finished Skylark index values from the company’s publishing and research sheets. These are real observations, not synthetic API examples. Formulas, constituent inputs, weights and private workbook details are not included.

sky.gfc.weekly · Weekly · Linear scale

Global Funding Conditions

2026-10-25
44.14

Global Funding Conditions: 836 weekly observations from 2010-10-24 through 2026-10-25Actual finished index values. Read-only historical snapshot. Units: Index score (0–100). No asset overlay or forward shift. Gray bands show retrospectively dated NBER U.S. recessions, from the month after the peak through the trough month. Individual observation titles are available on pointer hover.U.S. recession: 2020-03 through 2020-04 (NBER)2010201420182022202602550751002010-10-24 · 72.112010-10-31 · 72.582010-11-07 · 70.962010-11-14 · 58.972010-11-21 · 73.392010-11-28 · 62.452010-12-05 · 64.512010-12-12 · 57.542010-12-19 · 58.442010-12-26 · 53.312011-01-02 · 50.882011-01-09 · 36.872011-01-16 · 42.622011-01-23 · 46.132011-01-30 · 46.892011-02-06 · 45.522011-02-13 · 42.182011-02-20 · 52.192011-02-27 · 54.282011-03-06 · 66.412011-03-13 · 62.582011-03-20 · 71.092011-03-27 · 67.712011-04-03 · 70.422011-04-10 · 68.842011-04-17 · 84.042011-04-24 · 81.462011-05-01 · 81.692011-05-08 · 67.082011-05-15 · 60.572011-05-22 · 63.682011-05-29 · 63.152011-06-05 · 65.492011-06-12 · 56.472011-06-19 · 56.022011-06-26 · 50.232011-07-03 · 59.192011-07-10 · 52.182011-07-17 · 48.482011-07-24 · 53.292011-07-31 · 51.132011-08-07 · 45.142011-08-14 · 51.232011-08-21 · 60.252011-08-28 · 61.12011-09-04 · 49.782011-09-11 · 33.152011-09-18 · 39.272011-09-25 · 36.132011-10-02 · 34.372011-10-09 · 27.782011-10-16 · 44.312011-10-23 · 44.72011-10-30 · 46.152011-11-06 · 38.392011-11-13 · 39.732011-11-20 · 37.522011-11-27 · 32.642011-12-04 · 34.532011-12-11 · 36.72011-12-18 · 39.482011-12-25 · 38.692012-01-01 · 41.32012-01-08 · 40.542012-01-15 · 38.742012-01-22 · 33.962012-01-29 · 41.192012-02-05 · 33.142012-02-12 · 40.312012-02-19 · 38.232012-02-26 · 48.492012-03-04 · 48.742012-03-11 · 41.982012-03-18 · 44.62012-03-25 · 55.052012-04-01 · 56.22012-04-08 · 52.512012-04-15 · 58.622012-04-22 · 63.192012-04-29 · 59.932012-05-06 · 43.572012-05-13 · 41.772012-05-20 · 36.952012-05-27 · 34.222012-06-03 · 24.972012-06-10 · 36.272012-06-17 · 42.72012-06-24 · 36.772012-07-01 · 38.782012-07-08 · 30.362012-07-15 · 33.932012-07-22 · 32.912012-07-29 · 35.262012-08-05 · 34.282012-08-12 · 36.632012-08-19 · 38.732012-08-26 · 47.492012-09-02 · 54.152012-09-09 · 63.192012-09-16 · 65.152012-09-23 · 61.052012-09-30 · 62.382012-10-07 · 61.632012-10-14 · 73.152012-10-21 · 72.842012-10-28 · 73.42012-11-04 · 64.122012-11-11 · 58.692012-11-18 · 59.242012-11-25 · 64.032012-12-02 · 59.352012-12-09 · 54.952012-12-16 · 54.952012-12-23 · 43.442012-12-30 · 45.452013-01-06 · 45.452013-01-13 · 492013-01-20 · 46.672013-01-27 · 48.782013-02-03 · 55.872013-02-10 · 52.592013-02-17 · 53.412013-02-24 · 47.92013-03-03 · 36.542013-03-10 · 34.42013-03-17 · 37.252013-03-24 · 29.992013-03-31 · 27.642013-04-07 · 30.562013-04-14 · 39.32013-04-21 · 27.972013-04-28 · 34.272013-05-05 · 33.622013-05-12 · 23.732013-05-19 · 24.172013-05-26 · 30.462013-06-02 · 37.342013-06-09 · 53.092013-06-16 · 62.632013-06-23 · 50.242013-06-30 · 46.942013-07-07 · 43.592013-07-14 · 49.382013-07-21 · 48.062013-07-28 · 54.382013-08-04 · 51.72013-08-11 · 53.252013-08-18 · 57.972013-08-25 · 62.222013-09-01 · 56.632013-09-08 · 54.582013-09-15 · 52.752013-09-22 · 51.432013-09-29 · 62.42013-10-06 · 68.222013-10-13 · 78.62013-10-20 · 75.432013-10-27 · 75.762013-11-03 · 56.492013-11-10 · 54.322013-11-17 · 52.972013-11-24 · 54.272013-12-01 · 54.762013-12-08 · 63.162013-12-15 · 65.262013-12-22 · 55.912013-12-29 · 50.292014-01-05 · 45.522014-01-12 · 45.522014-01-19 · 42.862014-01-26 · 43.232014-02-02 · 34.542014-02-09 · 49.32014-02-16 · 60.492014-02-23 · 54.912014-03-02 · 56.872014-03-09 · 58.182014-03-16 · 57.092014-03-23 · 51.092014-03-30 · 53.072014-04-06 · 48.82014-04-13 · 59.572014-04-20 · 55.332014-04-27 · 61.862014-05-04 · 58.782014-05-11 · 63.322014-05-18 · 57.112014-05-25 · 46.432014-06-01 · 49.072014-06-08 · 43.392014-06-15 · 38.442014-06-22 · 38.132014-06-29 · 50.692014-07-06 · 48.682014-07-13 · 53.132014-07-20 · 352014-07-27 · 32.312014-08-03 · 26.792014-08-10 · 19.882014-08-17 · 22.782014-08-24 · 16.82014-08-31 · 17.532014-09-07 · 12.852014-09-14 · 12.32014-09-21 · 11.172014-09-28 · 6.032014-10-05 · 0.452014-10-12 · 11.692014-10-19 · 17.482014-10-26 · 17.222014-11-02 · 15.532014-11-09 · 15.372014-11-16 · 15.442014-11-23 · 13.982014-11-30 · 18.572014-12-07 · 16.552014-12-14 · 28.192014-12-21 · 25.312014-12-28 · 26.062015-01-04 · 25.342015-01-11 · 25.962015-01-18 · 18.422015-01-25 · 11.42015-02-01 · 16.162015-02-08 · 17.712015-02-15 · 22.952015-02-22 · 22.882015-03-01 · 22.462015-03-08 · 17.32015-03-15 · 15.922015-03-22 · 23.032015-03-29 · 26.342015-04-05 · 30.322015-04-12 · 27.482015-04-19 · 36.282015-04-26 · 39.112015-05-03 · 49.952015-05-10 · 49.432015-05-17 · 53.992015-05-24 · 45.172015-05-31 · 44.082015-06-07 · 47.512015-06-14 · 56.352015-06-21 · 66.272015-06-28 · 54.082015-07-05 · 52.512015-07-12 · 51.362015-07-19 · 54.432015-07-26 · 50.442015-08-02 · 49.142015-08-09 · 41.962015-08-16 · 44.012015-08-23 · 44.532015-08-30 · 50.152015-09-06 · 52.972015-09-13 · 54.842015-09-20 · 49.172015-09-27 · 40.262015-10-04 · 51.342015-10-11 · 57.252015-10-18 · 56.692015-10-25 · 53.462015-11-01 · 52.322015-11-08 · 42.442015-11-15 · 44.592015-11-22 · 38.242015-11-29 · 28.072015-12-06 · 41.082015-12-13 · 44.382015-12-20 · 36.742015-12-27 · 40.542016-01-03 · 41.422016-01-10 · 40.212016-01-17 · 34.292016-01-24 · 31.452016-01-31 · 38.72016-02-07 · 48.542016-02-14 · 64.432016-02-21 · 59.672016-02-28 · 56.12016-03-06 · 60.672016-03-13 · 58.662016-03-20 · 59.972016-03-27 · 59.732016-04-03 · 62.682016-04-10 · 67.022016-04-17 · 64.152016-04-24 · 63.542016-05-01 · 71.672016-05-08 · 67.782016-05-15 · 58.542016-05-22 · 52.752016-05-29 · 54.012016-06-05 · 65.072016-06-12 · 60.092016-06-19 · 59.162016-06-26 · 46.82016-07-03 · 52.132016-07-10 · 43.092016-07-17 · 39.922016-07-24 · 39.062016-07-31 · 48.272016-08-07 · 36.892016-08-14 · 42.882016-08-21 · 49.722016-08-28 · 48.852016-09-04 · 49.242016-09-11 · 44.412016-09-18 · 43.872016-09-25 · 43.332016-10-02 · 52.822016-10-09 · 45.362016-10-16 · 41.582016-10-23 · 40.872016-10-30 · 45.612016-11-06 · 40.062016-11-13 · 36.732016-11-20 · 26.952016-11-27 · 21.132016-12-04 · 25.852016-12-11 · 24.522016-12-18 · 18.392016-12-25 · 19.452017-01-01 · 19.172017-01-08 · 20.342017-01-15 · 26.732017-01-22 · 37.322017-01-29 · 41.722017-02-05 · 43.552017-02-12 · 34.862017-02-19 · 40.432017-02-26 · 51.142017-03-05 · 49.022017-03-12 · 46.812017-03-19 · 59.062017-03-26 · 73.992017-04-02 · 65.552017-04-09 · 57.392017-04-16 · 60.142017-04-23 · 642017-04-30 · 60.372017-05-07 · 59.052017-05-14 · 53.072017-05-21 · 70.422017-05-28 · 69.42017-06-04 · 72.962017-06-11 · 71.462017-06-18 · 71.552017-06-25 · 67.412017-07-02 · 69.772017-07-09 · 74.812017-07-16 · 82.852017-07-23 · 83.662017-07-30 · 81.912017-08-06 · 80.452017-08-13 · 81.092017-08-20 · 80.822017-08-27 · 792017-09-03 · 77.892017-09-10 · 79.162017-09-17 · 78.992017-09-24 · 74.792017-10-01 · 69.92017-10-08 · 60.382017-10-15 · 65.742017-10-22 · 56.922017-10-29 · 45.072017-11-05 · 41.112017-11-12 · 44.822017-11-19 · 46.472017-11-26 · 53.782017-12-03 · 45.252017-12-10 · 43.222017-12-17 · 34.512017-12-24 · 41.452017-12-31 · 512018-01-07 · 56.952018-01-14 · 65.882018-01-21 · 65.142018-01-28 · 75.32018-02-04 · 82.082018-02-11 · 73.792018-02-18 · 75.832018-02-25 · 67.942018-03-04 · 65.12018-03-11 · 66.212018-03-18 · 71.272018-03-25 · 73.862018-04-01 · 68.22018-04-08 · 63.062018-04-15 · 63.582018-04-22 · 53.742018-04-29 · 43.642018-05-06 · 29.112018-05-13 · 30.152018-05-20 · 29.632018-05-27 · 15.712018-06-03 · 18.962018-06-10 · 24.342018-06-17 · 21.462018-06-24 · 24.42018-07-01 · 16.922018-07-08 · 24.972018-07-15 · 23.142018-07-22 · 22.782018-07-29 · 23.752018-08-05 · 25.762018-08-12 · 25.492018-08-19 · 27.112018-08-26 · 40.312018-09-02 · 43.382018-09-09 · 41.162018-09-16 · 40.252018-09-23 · 54.262018-09-30 · 45.752018-10-07 · 43.442018-10-14 · 40.282018-10-21 · 42.792018-10-28 · 36.142018-11-04 · 37.322018-11-11 · 36.952018-11-18 · 49.172018-11-25 · 44.22018-12-02 · 34.042018-12-09 · 38.382018-12-16 · 35.752018-12-23 · 35.752018-12-30 · 34.162019-01-06 · 41.552019-01-13 · 49.762019-01-20 · 42.472019-01-27 · 49.062019-02-03 · 56.672019-02-10 · 48.512019-02-17 · 51.742019-02-24 · 49.322019-03-03 · 54.722019-03-10 · 48.172019-03-17 · 50.932019-03-24 · 55.772019-03-31 · 48.192019-04-07 · 42.472019-04-14 · 44.332019-04-21 · 37.152019-04-28 · 37.432019-05-05 · 36.572019-05-12 · 37.242019-05-19 · 39.622019-05-26 · 44.152019-06-02 · 41.082019-06-09 · 47.892019-06-16 · 49.062019-06-23 · 52.622019-06-30 · 52.622019-07-07 · 49.682019-07-14 · 53.412019-07-21 · 48.672019-07-28 · 46.332019-08-04 · 49.492019-08-11 · 50.132019-08-18 · 44.732019-08-25 · 52.262019-09-01 · 43.022019-09-08 · 45.832019-09-15 · 41.452019-09-22 · 43.942019-09-29 · 30.242019-10-06 · 33.252019-10-13 · 42.12019-10-20 · 46.792019-10-27 · 45.562019-11-03 · 54.952019-11-10 · 48.522019-11-17 · 47.452019-11-24 · 49.462019-12-01 · 45.582019-12-08 · 58.162019-12-15 · 58.682019-12-22 · 53.072019-12-29 · 59.872020-01-05 · 65.632020-01-12 · 60.142020-01-19 · 55.082020-01-26 · 45.712020-02-02 · 53.812020-02-09 · 39.432020-02-16 · 43.742020-02-23 · 38.852020-03-01 · 50.992020-03-08 · 61.952020-03-15 · 45.382020-03-22 · 32.72020-03-29 · 48.112020-04-05 · 40.22020-04-12 · 43.422020-04-19 · 43.942020-04-26 · 43.422020-05-03 · 48.372020-05-10 · 45.862020-05-17 · 46.062020-05-24 · 48.512020-05-31 · 52.312020-06-07 · 52.822020-06-14 · 47.662020-06-21 · 52.752020-06-28 · 64.042020-07-05 · 54.622020-07-12 · 68.692020-07-19 · 67.092020-07-26 · 73.062020-08-02 · 78.232020-08-09 · 74.92020-08-16 · 79.682020-08-23 · 89.782020-08-30 · 90.142020-09-06 · 81.322020-09-13 · 74.082020-09-20 · 77.62020-09-27 · 68.292020-10-04 · 70.432020-10-11 · 71.692020-10-18 · 65.312020-10-25 · 66.42020-11-01 · 52.452020-11-08 · 56.022020-11-15 · 53.182020-11-22 · 53.312020-11-29 · 56.42020-12-06 · 56.672020-12-13 · 59.332020-12-20 · 64.772020-12-27 · 62.172021-01-03 · 72.952021-01-10 · 69.682021-01-17 · 62.052021-01-24 · 68.662021-01-31 · 62.832021-02-07 · 682021-02-14 · 62.912021-02-21 · 68.142021-02-28 · 60.762021-03-07 · 48.562021-03-14 · 43.592021-03-21 · 42.072021-03-28 · 28.332021-04-04 · 28.372021-04-11 · 33.912021-04-18 · 40.192021-04-25 · 49.672021-05-02 · 42.782021-05-09 · 51.832021-05-16 · 54.52021-05-23 · 52.82021-05-30 · 51.892021-06-06 · 55.82021-06-13 · 61.92021-06-20 · 45.712021-06-27 · 51.672021-07-04 · 53.172021-07-11 · 56.122021-07-18 · 46.322021-07-25 · 39.882021-08-01 · 40.842021-08-08 · 39.582021-08-15 · 31.82021-08-22 · 27.932021-08-29 · 32.722021-09-05 · 37.442021-09-12 · 35.612021-09-19 · 34.572021-09-26 · 43.242021-10-03 · 34.692021-10-10 · 36.682021-10-17 · 36.772021-10-24 · 42.882021-10-31 · 41.212021-11-07 · 32.692021-11-14 · 31.782021-11-21 · 25.042021-11-28 · 28.852021-12-05 · 18.282021-12-12 · 10.782021-12-19 · 10.512021-12-26 · 21.122022-01-02 · 28.152022-01-09 · 32.422022-01-16 · 39.892022-01-23 · 34.942022-01-30 · 24.22022-02-06 · 41.742022-02-13 · 39.652022-02-20 · 43.662022-02-27 · 46.782022-03-06 · 36.832022-03-13 · 34.82022-03-20 · 39.662022-03-27 · 39.852022-04-03 · 38.212022-04-10 · 31.132022-04-17 · 29.552022-04-24 · 24.552022-05-01 · 21.562022-05-08 · 23.562022-05-15 · 10.052022-05-22 · 21.122022-05-29 · 29.412022-06-05 · 29.192022-06-12 · 29.092022-06-19 · 29.432022-06-26 · 27.492022-07-03 · 26.612022-07-10 · 22.32022-07-17 · 22.572022-07-24 · 30.672022-07-31 · 35.012022-08-07 · 38.272022-08-14 · 43.222022-08-21 · 38.942022-08-28 · 31.582022-09-04 · 23.72022-09-11 · 29.432022-09-18 · 31.42022-09-25 · 26.182022-10-02 · 27.52022-10-09 · 28.162022-10-16 · 30.432022-10-23 · 38.122022-10-30 · 37.252022-11-06 · 34.12022-11-13 · 50.422022-11-20 · 46.552022-11-27 · 55.882022-12-04 · 61.932022-12-11 · 63.152022-12-18 · 61.142022-12-25 · 66.672023-01-01 · 84.312023-01-08 · 81.672023-01-15 · 87.242023-01-22 · 90.372023-01-29 · 89.42023-02-05 · 80.022023-02-12 · 77.792023-02-19 · 64.272023-02-26 · 58.792023-03-05 · 58.012023-03-12 · 49.22023-03-19 · 56.322023-03-26 · 59.472023-04-02 · 58.572023-04-09 · 58.712023-04-16 · 62.622023-04-23 · 53.012023-04-30 · 52.132023-05-07 · 54.092023-05-14 · 52.422023-05-21 · 52.422023-05-28 · 47.962023-06-04 · 57.982023-06-11 · 56.622023-06-18 · 63.72023-06-25 · 55.942023-07-02 · 51.182023-07-09 · 51.932023-07-16 · 61.152023-07-23 · 52.612023-07-30 · 49.222023-08-06 · 48.532023-08-13 · 43.112023-08-20 · 46.582023-08-27 · 45.382023-09-03 · 49.92023-09-10 · 45.112023-09-17 · 41.412023-09-24 · 32.252023-10-01 · 32.142023-10-08 · 32.862023-10-15 · 26.42023-10-22 · 6.822023-10-29 · 7.532023-11-05 · 27.862023-11-12 · 25.612023-11-19 · 28.782023-11-26 · 50.062023-12-03 · 56.082023-12-10 · 51.682023-12-17 · 63.012023-12-24 · 67.912023-12-31 · 70.562024-01-07 · 67.582024-01-14 · 67.32024-01-21 · 65.322024-01-28 · 62.562024-02-04 · 62.152024-02-11 · 55.272024-02-18 · 58.582024-02-25 · 60.022024-03-03 · 46.582024-03-10 · 52.892024-03-17 · 53.232024-03-24 · 37.572024-03-31 · 28.022024-04-07 · 27.232024-04-14 · 24.652024-04-21 · 24.472024-04-28 · 27.492024-05-05 · 38.682024-05-12 · 40.152024-05-19 · 47.212024-05-26 · 46.92024-06-02 · 45.472024-06-09 · 43.182024-06-16 · 30.352024-06-23 · 32.182024-06-30 · 37.412024-07-07 · 46.482024-07-14 · 51.462024-07-21 · 65.782024-07-28 · 65.322024-08-04 · 71.452024-08-11 · 65.822024-08-18 · 72.232024-08-25 · 75.952024-09-01 · 68.122024-09-08 · 69.742024-09-15 · 72.752024-09-22 · 78.742024-09-29 · 82.692024-10-06 · 66.052024-10-13 · 60.332024-10-20 · 53.212024-10-27 · 49.562024-11-03 · 51.812024-11-10 · 39.192024-11-17 · 35.592024-11-24 · 29.092024-12-01 · 28.562024-12-08 · 30.942024-12-15 · 24.912024-12-22 · 22.182024-12-29 · 20.12025-01-05 · 16.442025-01-12 · 18.462025-01-19 · 20.862025-01-26 · 35.752025-02-02 · 34.362025-02-09 · 34.52025-02-16 · 45.132025-02-23 · 50.122025-03-02 · 50.672025-03-09 · 56.852025-03-16 · 58.132025-03-23 · 60.612025-03-30 · 65.532025-04-06 · 69.782025-04-13 · 79.342025-04-20 · 84.32025-04-27 · 79.92025-05-04 · 76.292025-05-11 · 78.392025-05-18 · 76.432025-05-25 · 77.272025-06-01 · 75.612025-06-08 · 79.842025-06-15 · 75.112025-06-22 · 70.742025-06-29 · 76.952025-07-06 · 74.372025-07-13 · 69.552025-07-20 · 57.272025-07-27 · 56.352025-08-03 · 54.862025-08-10 · 572025-08-17 · 64.872025-08-24 · 66.032025-08-31 · 58.142025-09-07 · 59.782025-09-14 · 59.812025-09-21 · 54.672025-09-28 · 55.622025-10-05 · 41.322025-10-12 · 37.232025-10-19 · 42.932025-10-26 · 44.872025-11-02 · 29.252025-11-09 · 38.682025-11-16 · 38.142025-11-23 · 24.662025-11-30 · 34.962025-12-07 · 40.42025-12-14 · 45.952025-12-21 · 41.932025-12-28 · 47.232026-01-04 · 46.252026-01-11 · 42.592026-01-18 · 46.542026-01-25 · 59.132026-02-01 · 59.872026-02-08 · 622026-02-15 · 64.842026-02-22 · 58.052026-03-01 · 62.962026-03-08 · 53.382026-03-15 · 42.912026-03-22 · 43.892026-03-29 · 42.792026-04-05 · 39.522026-04-12 · 48.392026-04-19 · 54.052026-04-26 · 50.442026-05-03 · 44.762026-05-10 · 45.932026-05-17 · 42.952026-05-24 · 39.362026-05-31 · 43.622026-06-07 · 39.562026-06-14 · 46.762026-06-21 · 47.992026-06-28 · 41.582026-07-05 · 46.82026-07-12 · 45.782026-07-19 · 40.472026-07-26 · 33.062026-08-02 · 48.132026-08-09 · 40.822026-08-16 · 40.362026-08-23 · 52.642026-08-30 · 46.622026-09-06 · 48.822026-09-13 · 56.582026-09-20 · 45.772026-09-27 · 48.362026-10-04 · 46.692026-10-11 · 41.152026-10-18 · 44.12026-10-25 · 44.14
U.S. recessions · Source: NBER
Index score (0–100) · 2010-10-24–2026-10-25 · 836 observations. Snapshot retrieved 2026-10-30. Observation-date values, without the analytical three-month forward shift.

Recession shading uses NBER’s monthly convention: the month after a peak through the trough month, inclusive. Dates are determined retrospectively and are not contemporaneous signals. Historical snapshot, not a live feed or an archive of originally published vintages. Earlier observations may be reconstructed or revised; original publication timestamps have not been verified. These plots do not establish historical tradability, predictive performance or causation. Weekly FLI has its own scale and is not interchangeable with monthly FLI. GFC is plotted on its observation dates without a forward shift. Display does not grant a redistribution license.

Research applications

Funding-pressure monitoring, global macro comparisons and research into lead/lag patterns.

A funding-conditions research series for examining how global financing conditions evolve and how their timing relates to risk assets.

Important qualification: Forward-shifted lead/lag displays must not be represented as information actually available on historical dates.

Product release controls

Provenance

Timestamp separation

Measurement dates must not be confused with dates values became available.

Versioning

Version-controlled series

Immutable release and revision controls have been tested in staging. Customer revision-history delivery is not enabled. Proprietary model calculations remain confidential.

Access

Contract-based delivery

Scope, expiry and revocation controls have been tested in staging. Real customer credentials and licensed data delivery are not enabled.