Nydar's Fed dashboard tracks central bank liquidity — balance sheet, reverse repo, TGA, and net liquidity
Nydar's Fed Liquidity Dashboard tracks 4 key metrics from the Federal Reserve and US Treasury — the Fed balance sheet, reverse repo facility (RRP), Treasury General Account (TGA), and fed funds rate — each with trend arrows, expandable 8-point sparklines, and directional interpretations. Together, these determine how much money is sloshing around the financial system and are the plumbing behind every major market rally and selloff.
When the Fed is injecting liquidity (expanding balance sheet, draining RRP, lowering rates), risk assets tend to rally. When it is withdrawing liquidity (shrinking balance sheet, raising rates), markets tend to struggle. Nydar gives you a single view of all four gauges so you can assess the macro liquidity backdrop at a glance. Nydar's trend arrows and sparklines make the direction obvious without needing to check multiple sources.
"Fed liquidity" is shorthand for the net amount of cash available in the financial system. Nydar calculates it as:
Net Liquidity = Fed Balance Sheet - Reverse Repo - Treasury General Account
This formula captures the three moving parts that Nydar tracks: the Fed creates money (balance sheet), but some of that money gets parked at the Fed overnight (reverse repo) or sits in the Treasury's bank account (TGA) rather than circulating through markets. The fed funds rate, meanwhile, determines the cost of borrowing and influences how aggressively banks deploy capital.
These are not obscure academic metrics. Net liquidity has tracked the S&P 500 and Bitcoin with remarkable correlation since 2020. Professional macro traders watch these numbers daily, and Nydar puts all four in a single dashboard.
Academic research confirms the strong link between central bank policy and asset prices. Bernanke and Kuttner (2005) found that an unexpected 25 basis point cut in the fed funds rate increases broad stock market indices by approximately 1% on the announcement day (Journal of Finance, 60(3), 1221-1257). Krishnamurthy and Vissing-Jorgensen (2011) documented that Fed large-scale asset purchases (quantitative easing) reduce Treasury yields by 30-100 basis points per programme, directly impacting the liquidity backdrop (Brookings Papers on Economic Activity, Fall 2011, 215-287). Cieslak, Morse, and Vissing-Jorgensen (2019) showed that the majority of excess equity returns since 1994 have been earned in even weeks of the FOMC cycle, reinforcing that Fed policy is the dominant macro driver for risk assets (Journal of Finance, 74(2), 753-803).
Nydar shows a green arrow next to a metric when its value is rising compared to recent readings. Whether this is bullish or bearish depends on which metric — a rising balance sheet is bullish (more liquidity), but a rising fed funds rate is bearish (tighter policy). Each Nydar metric card shows its interpretation when you click to expand it.
Nydar shows a red arrow when the metric is declining. A falling reverse repo or TGA is typically bullish — money is leaving those parking spots and flowing into markets. A falling balance sheet, on the other hand, signals quantitative tightening (QT) where the Fed is pulling liquidity out of the system.
Nydar displays a grey dash when the metric has not meaningfully changed in recent readings. This is common for the fed funds rate between FOMC meetings, as the rate only shifts when the Fed formally adjusts its target range.
Click any metric card in Nydar's dashboard to expand it. You will see a mini bar chart showing the last 8 data points, giving you a quick visual of the recent trend. The date range is shown below the chart. Hover over individual bars to see exact values.
The total assets held by the Federal Reserve, primarily US Treasury securities and mortgage-backed securities. When the Fed buys these assets (quantitative easing), it creates new money and injects it into the system. When it lets them mature without reinvesting (quantitative tightening), liquidity shrinks.
Nydar shows: Rising = QE (bullish for risk assets) | Falling = QT (bearish for risk assets)
The overnight reverse repurchase facility where money market funds and banks park excess cash at the Fed in exchange for a small guaranteed return. Cash sitting in the RRP is effectively removed from the market. When the RRP balance falls, that money re-enters the financial system.
Falling = liquidity entering markets (bullish) | Rising = liquidity being absorbed (bearish)
The US Treasury's checking account at the Federal Reserve. When the Treasury issues bonds, it collects cash from the market into the TGA (draining liquidity). When it spends that money on government operations, the cash flows back into the economy (adding liquidity). Big TGA drawdowns — common after debt ceiling resolutions — can be significant liquidity injections.
Falling = Treasury spending into economy (bullish) | Rising = Treasury hoarding cash (bearish)
The interest rate at which banks lend reserve balances to each other overnight. Set by the FOMC, this rate ripples through the entire economy — affecting mortgage rates, corporate borrowing costs, and the discount rate used to value stocks. Lower rates make borrowing cheaper and risk assets more attractive relative to cash.
Falling = easier money (bullish) | Rising = tightening policy (bearish)
Assess the liquidity backdrop
Before taking any directional position, check Nydar's dashboard to see whether net liquidity is expanding or contracting. If the balance sheet is growing, RRP is draining, and TGA is falling, you have a strong liquidity tailwind for risk assets.
Watch for inflection points
The biggest trading opportunities come when liquidity shifts direction. A Fed pivot from tightening to easing, the RRP bottoming out, or a massive TGA drawdown can mark the start of multi-month rallies. Nydar's sparklines help you spot these turns early — check Nydar's Macro Countdown widget for upcoming FOMC dates that could trigger pivots.
Combine with technical analysis
Nydar's Fed liquidity data tells you the direction of the tide, not the timing of individual waves. Use it to set your directional bias, then use Nydar's chart patterns, support/resistance, and momentum indicators to time entries and exits.
Pay attention to divergences
When stocks are rallying but Nydar's net liquidity is contracting, the rally is fighting the macro current and may be fragile. When stocks are selling off but Nydar shows liquidity expanding, dip-buying has a macro tailwind behind it.
Macro is not micro. Nydar's Fed liquidity data drives the broad market over weeks and months, not individual stocks over hours. A stock with terrible earnings will fall regardless of how much liquidity the Fed is injecting. Use Nydar's data for portfolio-level bias, not individual trade decisions.
Nydar's data is lagged. The balance sheet and TGA update weekly, not in real time. By the time you see a number, the market may have already priced in the move. Treat Nydar's Fed dashboard as a trend indicator, not a signal for same-day trades.
Correlation is not causation. The net liquidity / S&P 500 correlation that Nydar tracks has been strong since 2020, but it has broken down in the past and will again. Fiscal policy, geopolitics, credit events, and earnings cycles all interact with liquidity in unpredictable ways.
| Feature | Fed Dashboard | Macro Countdown | Economic Calendar | Fear & Greed | News Widget |
|---|---|---|---|---|---|
| Focus | Fed liquidity flows | Event countdowns | All economic data | Market sentiment | Headlines |
| Metrics tracked | 4 (BS, RRP, TGA, FFR) | 6 event types | All releases | 1 composite index | N/A |
| Trend visualisation | 8-point sparklines | No | No | Gauge + history | No |
| Directional interpretation | Per-metric bullish/bearish | Impact rating only | No | Fear/Greed scale | No |
| Update frequency | Weekly (BS/TGA), Daily (RRP) | Real-time countdown | Per release | Daily | Real-time |
| Best for | Portfolio-level bias | Risk management | Full schedule | Contrarian signals | Event reaction |
FRED (St. Louis Fed)
Federal Reserve Economic Data. Primary source for all four metrics via their public API.
US Treasury / Federal Reserve
Original publishers of balance sheet, TGA, RRP, and fed funds rate data.
Balance sheet & TGA update weekly (Thursdays). RRP updates daily. Fed funds rate updates per FOMC decision.
Last reviewed: March 2026