Liquidity

Fed balance sheet, reverse repo, TGA, and net liquidity data. Understand the plumbing that fuels or drains risk assets.

Liquidity is the oxygen of financial markets. When the Fed expands its balance sheet or the Treasury draws down the TGA, excess reserves flow into risk assets. The reverse repo facility acts as a barometer of surplus cash in the system. Tracking net liquidity — the Fed balance sheet minus TGA and reverse repo — has been one of the strongest macro signals of the post-2020 era.

Fed Balance Sheet

weekly
--

Total assets held by the Federal Reserve — the QE/QT gauge.

Overnight Reverse Repo

daily
--

ON RRP facility balance — liquidity buffer absorbing QT before reserves drain.

Treasury General Account

weekly
--

Treasury's cash balance at the Fed — drawdowns inject liquidity into markets.

M2 Money Supply

monthly
--

Broad money supply including cash, checking, savings, and money market funds.

Total Reserves

monthly
--

Total reserves of depository institutions at the Federal Reserve.

Monetary Base

monthly
--

Currency in circulation plus bank reserves — the Fed's narrowest money measure.

Reserve Balances at Fed

weekly
--

Bank reserve balances deposited at the Federal Reserve — critical QT floor indicator.

Credit Card Loans (Banks)

weekly
--

Outstanding credit card loans at all commercial banks.

Convex Net Liquidity Index

daily
--

Convex Net Liquidity Index — Fed Balance Sheet minus Reverse Repo minus TGA. Measures actual liquidity flowing into markets.

Other Categories

Daily Market Intelligence

Get AI-generated macro analysis covering liquidity and other key indicators delivered to your inbox every morning.

Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated at varying frequencies. This page is for informational purposes only and does not constitute financial advice.