Indicators that are often read together or mixed up, compared in pairs. Each page says what the two measure and what moves them, gives their latest values, charts them together and explains where they part ways.
Treasury's cash at the Fed vs money-fund cash parked there overnight; a rise in either drains bank reserves.
Read the comparison →Total Fed assets vs what is left after the TGA and ON RRP; the two can move in opposite directions.
Read the comparison →The central bank's assets vs the public's money; bank reserves count in one and not the other.
Read the comparison →Extra yield over Treasuries on lower-rated vs higher-rated US corporate bonds; high yield is wider and moves more.
Read the comparison →Expected Fed policy over two years vs ten years of rates plus a term premium; the gap is the curve’s slope.
Read the comparison →