Axios Sovereign Debt Monitor U.S. Dept of the Treasury Framework

US Treasury Bond Intervention & Buyback Simulator

Interactive sovereign yield curve modeling & off-the-run liquidity debt management operations

Baseline Yield Curve
Post-Intervention Curve
Policy Presets
Debt Levers
Monthly Buyback Volume $30B/mo
Target Sector Focus
T-Bill Issuance Tilt (vs Coupons) 22.4%
Dealer Concession Compression 6.8 bps
Curve Regime Status
Liquidity Stabilized
Concession Inverted Flat
Off-the-Run Spread
4.2 bps
-6.8 bps vs baseline
Term Premium Shift
-11.5 bps
Duration Relief
Dealer Absorption Index
Healthy (1.82x)
+0.38x balance sheet
Annual Net Interest Shift
-$840M
Funding Cost Savings
Sovereign Yield Curve Inspection (Tenors 1M - 30Y) Hover curve to inspect tenor yields
Sector Liquidity Compression Heatmap
Bills (1M-1Y)
+0.0 bps
Short (2Y-5Y)
-3.2 bps
Belly (7Y-10Y)
-7.8 bps
Long (20Y-30Y)
-6.4 bps
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