Auto-generated. This article is rebuilt from app/signals/config/signal_definitions.json by scripts/build_signals_kb.py. Edit the registry entry and re-run the script — do not edit this file directly.

Fed Net Liquidity

What it is

Fed Net Liquidity — registry key net_liquidity.

Drives the categorical liquidity_signal; scored there.

Source

Source module: liquidity
Data source: back_fillable

Fetched directly from app/sources/liquidity.py; see source code for the upstream API call and any provider-specific handling.

How it’s computed

US net liquidity in $B: WALCL − TGA − RRP (Fed assets minus Treasury General Account cash minus reverse-repo). See app/sources/liquidity.py:77 — walcl_b - tga_b - rrp_b.

Where it surfaces

• API field: signals.net_liquidity on GET /api/v1/signals/latest
• Surface: daily_signals row (daily-cadence persistence)
• Surface: /signals/history time series
• Surface: /signals/sparklines (UI sparklines)
• Surface: change markers in the rendered report

Bands / thresholds

Classifier direction: higher_is_better.

Health-score / alignment role

Display-only — has bands for surface labeling but does not contribute to the health score (scoring is handled by a companion metric).

Release cadence

• Publishes: intraday

See also

• /kb/api/get-signals-latest — API endpoint that serves this field.