Fed Net Liquidity Tracker
Follow a balance-sheet liquidity proxy alongside rates and financial conditions. The chart combines published Fed assets, Treasury cash and overnight reverse-repo balances; it does not measure every source of market liquidity.
Net liquidity, computed for you
Fed Balance Sheet − TGA − RRP in one line, with history — no spreadsheets, no FRED pulls.
Financial conditions composite
Credit spreads, real rates, the dollar and carry distilled into a single 0–100 conditions score and posture.
Real-rate decomposition
Compare the 10-year nominal rate with real-yield and inflation-expectation references.
Regime context
Read liquidity alongside the growth/inflation regime and sector views to frame a market scenario.
What is Fed net liquidity?
This dashboard uses Federal Reserve assets minus the Treasury General Account (TGA) minus overnight reverse-repo balances, with the series converted to common units. It is a market-monitoring proxy, not an official measure of investable cash or a forecast of equity returns.
How often does it update?
The underlying series follow their publishers' release schedules. The dashboard retrieves them through FRED and caches this calculation for up to 12 hours; refreshing the page does not create a new observation.