US LIQUIDITY INDEX

Net liquidity = Fed Balance Sheet − Treasury General Account − Reverse Repo. When liquidity expands, risk assets tend to rise. When it contracts, markets tighten. Data from the Federal Reserve via FRED.

TRILLION

Loading data from FRED...

The liquidity score represents where current net liquidity sits within its 2-year range. 100 = most liquid (loosest conditions), 0 = least liquid (tightest conditions).

COMPONENTS

FED BALANCE SHEET

TREASURY GENERAL ACCOUNT

REVERSE REPO (RRP)

M2 MONEY SUPPLY

NET LIQUIDITY — 2 YEAR TREND

Data from Federal Reserve Economic Data (FRED). Series: WALCL (Fed balance sheet, weekly), WTREGEN (Treasury General Account, weekly), RRPONTSYD (overnight reverse repo, daily), M2SL (M2 money supply, monthly). Net liquidity formula: WALCL − WTREGEN − RRPONTSYD. Updated daily, cached 6 hours. Not financial advice.