Budget Balance reads -$432.3B as of 2026-07-01. Change from prior reading: -312.00. Current value sits at the 0th percentile of the trailing 5 years. Sourced from fred, refreshed every 6 hours, and free to access via the JSON API.
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Indicator Terminal View
Integrated Brief
MTSDS133FMS — the Monthly Treasury Statement bottom line. The sign is the source's: a NEGATIVE value is a deficit, a positive one a surplus. Single months say very little on their own, because the series is dominated by calendar effects — April usually posts a surplus on tax receipts, and a month whose first day falls on a weekend pulls benefit payments forward into the month before. Read the 12-month rolling sum, or compare a month with the same month a year earlier. Released about eight business days after month end.
Core Print
Current Interpretation
Budget Balance is currently -432.31 (daily change -312.00). Based on its standardized history position (z-score), the current read is "Tightening bias". Check related indicators to confirm whether this is isolated noise or a broader liquidity shift.
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Budget Balance is a core liquidity signal used to track funding conditions and risk appetite in US dollar markets.
This indicator shifts available liquidity and risk premium, which can move valuations in equities, crypto, and credit.
Use the related indicators and the Liquidity Score direction together to avoid overreacting to a single data point.
Read our complete guide on Budget Balance, including historical examples, interpretation methods, and common pitfalls.