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Product readyLiquidity Conditions
Composite view of Fed balance-sheet liquidity, money supply, reserves, deposits, and reverse-repo plumbing.
Current reading
How scores workThis weak positive reading indicates that the liquidity signal is improving as of September 4, 2026.
Signal history
See how the normalized reading changed over time.
Strongest drivers
Overnight Reverse RepoSupporting1.00
M2 Money StockSupporting0.18
Reserve BalancesDragging-0.17
Total Reserves of Depository InstitutionsSupporting0.11
Monetary BaseNeutral0.10
Evidence preview
Full EvidenceWTI Crude 1M Forward56 observations · Sample period not availableAbout 1 month forward · Aligned count not available · 55% hit rate
Promising alignment10Y Yield 1M Forward56 observations · Sample period not availableAbout 1 month forward · Aligned count not available · 52% hit rate
Early evidence2Y Yield 1M Forward56 observations · Sample period not availableAbout 1 month forward · Aligned count not available · 52% hit rate
Early evidenceSources
Fed Total AssetsFederal Reserve Board via FRED
Overnight Reverse RepoFederal Reserve Bank of New York via FRED
M2 Money StockFederal Reserve Board via FRED
Monetary BaseFederal Reserve Board via FRED
Reserve BalancesFederal Reserve Board via FRED
Total Reserves of Depository InstitutionsFederal Reserve Board via FRED
Deposits at Commercial BanksFederal Reserve Board via FRED