Policy / Reserves
Neutral
TightEasy
The Leading US Dollar Macro Liquidity Terminal
Track TGA, Fed balance sheet, ON RRP, VIX, and 8 more macro liquidity indicators — updated daily. Professional grade, completely free.
Today's signal
Restrictive
P74
7D Trend
Deteriorating
What matters now
Coverage
12 core indicators
Updated daily
Watch list
Core indicator modules
Start here
State Score
74/100
Abundant
≤ P20
Supportive
P20-P50
Restrictive
P50-P80
Tight
≥ P80
Start with today's regime, then drill into the drivers and indicators behind it.
What matters now
Liquidity is restrictive and deteriorating, with state score at P74. Recent changes are driven by TGA Balance and VIX.
What Changed
7D +227.36, tightening contribution increased
7D -2.87, neutral contribution increased
7D -9.00, easing contribution increased
Start with the score, then drill into the underlying blocks that are driving liquidity conditions.
Indicator Module
Fed balance sheet, TGA, and ON RRP — the primary supply-side liquidity levers.
Fed BS Size
Fed Balance Sheet (Total Assets)
TGA Balance
Treasury General Account (TGA)
ON RRP
Overnight Reverse Repo (ON RRP)
Indicator Module
SOFR-IORB spread and SRF usage — real-time stress signals from the funding plumbing.
Indicator Module
Bank cash buffers and high-yield spreads — how willing are intermediaries to lend?
Indicator Module
VIX, dollar strength, and real yields — market price feedback on liquidity conditions.
Indicator Module
Composite and broader monetary indicators for context — not included in DLI scoring.
A quick scan of where pressure is building across policy, funding, credit, and risk.
The biggest forces pushing liquidity easier or tighter right now.
See how liquidity conditions have translated into stocks, bonds, gold, and BTC.
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Correlations
Lead–lag
State Outcomes (20D)
Correlations
Lead–lag
State Outcomes (20D)
Correlations
Lead–lag
State Outcomes (20D)
Correlations
Lead–lag
State Outcomes (20D)