Two sets of signals read the world outside the United States: what governments pay to borrow, and what raw materials cost.
Global yields
The **Global yields** panel on Markets lists the ten-year government bond yield for about 43 economies, grouped by region and sorted from highest to lowest.
- **Daily** for the United States, the United Kingdom, Japan and Australia. These come from the Federal Reserve, the Bank of England, Japan's Ministry of Finance and the Reserve Bank of Australia.
- **Monthly** for everyone else. These are the OECD's monthly averages, and the row says *avg* beside the month.
- **1y chg, pts** is the change over a year in percentage points. Rising yields read coral and falling yields cyan.
- **Short end** is a short-maturity yield where the publisher releases one: two years for the US, Japan and Australia, and five years for the UK.
- The bar beside each yield uses one scale for every row, so you can compare levels at a glance.
Above the table sit six spreads: the median ten-year yield across 23 advanced economies, Italy and France against Germany, and the slope from two to ten years in Japan, Australia and the US. A widening gap to Germany is the usual sign of fiscal or political stress in the euro area.
Commodity prices
Forty-four commodity prices and nine price indices come from the World Bank's monthly Commodity Price Data, known as the Pink Sheet. They cover energy, cocoa and coffee, vegetable oils, rice, sugar and meat, cotton and rubber, fertilizers, metals and precious metals. Most run back to 1960. Search the Library for a commodity by name, for example *cocoa* or *urea*.
Each point is the average price over a month, in US dollars that are not adjusted for inflation. The World Bank publishes each month's figures on the second business day of the next month. Its newest months can be estimates, which it replaces when the source data arrive, and Palanor rewrites them to match.
Oil, US natural gas, copper, nickel, zinc, maize, soybeans and US hard red winter wheat were already signals, so they aren't repeated.
Where they come from
Every signal's Methodology names its publisher, licence and attribution. The OECD and World Bank series are licensed CC BY 4.0, the Bank of England's under the Open Government Licence, and Japan's under the Public Data License. Spreads and the median are Palanor's own calculations from those series.
In the API and MCP
Every series is a signal. You can read it through the API (/v1/signals) or the MCP, and add it to a watchlist, scenario or Study. Two calls return a whole table at once:
- **/v1/global-yields** and **palanor_get_global_yields** return the latest yield in every economy.
- **/v1/commodity-prices** and **palanor_get_commodity_prices** return the latest price of every commodity.
US Treasury yields are left out of those two calls because their source doesn't permit redistribution.
Related: [Markets](/help/modules/markets) · [Where a signal stands](/help/modules/where-a-signal-stands)