Fed liquidity formula
USD trillions = (WALCL − WTREGEN − 1,000 × RRPONTSYD) / 1,000,000. Weekly Fed balances and daily reverse repo have different observation conventions. This is a balance-sheet proxy, not a measure of all market liquidity.
Official macro. Sources you can inspect.
The curated view uses fixed official-source inputs only. Treasury and Federal Reserve series are distributed through FRED; inventories come from EIA and futures positioning comes from CFTC.
Research workflow: Check source, observation date and refresh status
Fed net liquidity
Published Federal Reserve inputs with the formula and USD-trillion units.
Treasury curve
Daily yield observations and supplied comparison snapshots, not exchange-real-time quotes.
Official weekly reports
Cushing inventories and CFTC non-commercial futures positions.
Methodology and limitations
Publication and retrieval
Source refresh times do not turn daily yields or weekly reports into live quotes. Displays hide expired results; source publication dates may legitimately be older than the last successful check.
Primary reference sources
- FRED Federal Reserve assets
Fixed Federal Reserve balance-sheet input.
- FRED Treasury yields
Treasury yield observations distributed by FRED.
- EIA Cushing inventories
Official weekly inventories.
- CFTC Commitments of Traders
Official weekly futures-position report.
Does this include a commercial market feed?
No. Commercial prices, option chains, credit indices, news feeds and sector-price feeds have been removed from the website.