US Market Liquidity (BML)
Get a clear view of US market liquidity and monitor its status at a glance to anticipate movements on risky assets.
Purpose
The BML aggregates and analyzes total USD market liquidity in trillions of dollars. It is used to monitor the liquidity of the USD market. When liquidity is good, all is well. If liquidity is low, the US will maneuver and sell treasury bills (debt) to replenish its treasury, which can lead to bearish pressure on markets, particularly those considered risky, such as Bitcoin.
Works on
All Assets
Crypto Market
Traditional Market
Thrive with the BML
There is a positive correlation between the total liquidity available in the world’s largest economy and risky assets such as Bitcoin. This tool makes it possible to monitor this effectively.
FED Balance Sheet (FED)
The Fed credits member banks’ Fed accounts with money, and in return, banks sell the Fed US Treasuries and/or US Mortgage-Backed Securities. This is how the Fed “prints” money to juice the financial system.
US Treasury General Account (TGA)
The US Treasury General Account (TGA) balances with the NY Fed. When it decreases, it means the US Treasury is injecting money into the economy directly and creating activity. When it increases, it means the US Treasury is saving money and not stimulating economic activity. The TGA also increases when the Treasury sells bonds. This action removes liquidity from the market as buyers must pay for their bonds with dollars.
Overnight Reverse Repurchase Agreements (RRP)
A reverse repurchase agreement (known as Reverse Repo or RRP) is a transaction in which the New York Fed under the authorization and direction of the Federal Open Market Committee sells a security to an eligible counterparty with an agreement to repurchase that same security at a specified price at a specific time in the future.
Earnings Remittances Due to the Treasury (REM)
The Federal Reserve Banks remit residual net earnings to the US Treasury after providing for the costs of operations, payment of dividends, and the amount necessary to maintain each Federal Reserve Bank’s allotted surplus cap. Positive amounts represent the estimated weekly remittances due to the US Treasury. Negative amounts represent the cumulative deferred asset position, which is incurred during a period when earnings are not sufficient to provide for the cost of operations, payment of dividends, and maintaining surplus.
Elements
The user can find different elements and signals that form the indicator structure. Each one is adding another value to the whole indicator.
News & Updates
To ensure continuous improvement, we closely control each Unyx Data offering and regularly implement updates, ensuring that they remain aligned with evolving market dynamics. All updates are included in our subscriptions.
