Current Liquidity Read
Neutral flow
52support score
This score is a simplified public-data read. It helps us see whether liquidity is supporting risk assets or quietly draining from the system.
Liquidity Research Terminal
Liquidity Supply
A deeper read on market oxygen: Federal Reserve balance sheet, bank reserves, Treasury cash, reverse repo, money funds, and net liquidity.
Live Liquidity Inputs
What the funding system is showing now.
Fed AssetsWatchBalance sheet
ReservesStableFunding base
RRPLowCash buffer
Treasury CashRisingDrain risk
Money FundsHighSide cash
Net LiquidityNeutralComposite
Signal Stack
Separate liquidity support, drains, and composite math.
System LiquidityLive
- Fed assets
- Bank reserves
- Reverse repo
Core Federal Reserve balance-sheet and funding-base inputs.
Treasury DrainLive
- Treasury General Account
- Bill issuance pressure
- Cash rebuilding
Rising Treasury cash can remove liquidity from risk markets.
Side CashLive
- Money-market funds
- Cash waiting to move
- Short-rate attraction
High cash can be a cushion, but also shows competition for risk assets.
CompositeFormula
- Fed assets minus RRP minus TGA
- Liquidity regime score
- Data freshness
A market-oxygen read for context, sizing, and timing discipline.
Support Checklist
What would help the market?
- Bank reserves rise or remain comfortably above stress zones.
- Reverse repo balances fall while funding pressure stays contained.
- Treasury cash stops rising after a large rebuild.
- Money-market cash remains high while risk appetite improves.
- Net liquidity rises while credit spreads stay quiet.
Drain Checklist
What would pressure the market?
- Treasury cash rises quickly after tax dates or heavy bill issuance.
- Bank reserves fall toward levels that make funding markets sensitive.
- Reverse repo no longer offsets Treasury cash drain.
- Money-market funds absorb cash while equity breadth weakens.
- Net liquidity falls while credit or volatility confirms stress.
Source Ledger