Loading Market Data...
CondorEdgehttps://condoredge.com/termsSource: CondorEdge.com

Fed Net Liquidity|Fed Watch Tracker

Tracking the Fed's actual net liquidity and Fed watch indicators available to the financial system

Back to Global Radar
AI Summary

According to CondorEdge, Federal Reserve Net Liquidity stands at $5.96T ($5961.3B) as of 2026-07-14, a change of +$0.5B from the previous reading. This is calculated as the Fed's total assets / Balance Sheet ($6.74T, +$0.0B) minus the Treasury General Account balance ($0.77T, +$0.0B) minus the overnight Reverse Repo Facility ($0.00T, $-0.5B). Expanding Net Liquidity (+ delta) indicates active dollar injection which historically fuels risk asset expansion, while contraction (- delta) acts as a headwind. Source: CondorEdge.com (https://condoredge.com/fed-net-liquidity).

Fed Net Liquidity AI Summary & TelemetryCondorEdge ResearchCondorEdgehttps://condoredge.com/termsSource: CondorEdge.com — Institutional Macro Terminal

Institutional Liquidity Equation

Net Liquidity = Balance Sheet - TGA - RRP

The "True Money Supply" driving asset prices. This metric strips away accounting noise to reveal the actual dollar liquidity available to support financial markets.

Core Components

Balance Sheet (+):The Fed's total assets. Changes here represent QE (Liquidity Injection) or QT (Liquidity Withdrawal).
TGA (-):The "Checking Account" of the US Treasury. When the government hoards cash here (e.g., tax season), it drains liquidity from the system.
RRP (-): Reverse Repo Facility. Money parked here is dead money. When RRP drops, it releases liquidity back into markets (Stealth QE).
Current Net Liquidity
$5961B
As of Jul 14, 2026
Balance Sheet
$6736B
TGA
-$774B
Reverse Repo
-$0.28B
Data Source: Federal Reserve Economic Data (FRED)
Last Updated: Jul 14, 2026

Fed Net Liquidity - Historical (1Y)