Benchmarks
Market and economic benchmarks from public data
Each series comes from a primary source and updates on its own cadence. Every chart shows its formula, its source series, and its latest observation date.
- 190 series
- Updated 21 Sept 2026
- Primary sources
- Methods on every page
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Showing 41–80 of 190
| Speculative positioning | |||||
|---|---|---|---|---|---|
| 5-year Treasury futures positioningweeklyAre hedge funds net long or net short 5-year Treasury futures, and how does it compare with asset managers? | -31.2% % of open interest | +17.9 pp | −8.9 pp | 18th | |
| 10-year Treasury futures positioningweeklyAre hedge funds net long or net short 10-year Treasury futures, and how does it compare with asset managers? | -34.7% % of open interest | +9.7 pp | −42.2 pp | 10th | |
| Ultra-10Y Treasury futures positioningweeklyAre hedge funds net long or net short Ultra-10Y Treasury futures, and how does it compare with asset managers? | -15.4% % of open interest | −1.8 pp | −27.6 pp | 8th | |
| 30-year Treasury futures positioningweeklyAre hedge funds net long or net short 30-year Treasury bond futures, and how does it compare with asset managers? | -11.3% % of open interest | +8.6 pp | +7.8 pp | 52nd | |
| SOFR futures positioningweeklyAre hedge funds net long or net short 3-month SOFR futures, and how does it compare with asset managers? | -20.8% % of open interest | −15.5 pp | −10.2 pp | 2nd | |
| Gold futures positioningweeklyAre hedge funds net long or net short gold, and how does it compare with producers/merchants? | +32.5% % of open interest | +1.7 pp | +18.4 pp | 77th | |
| Copper futures positioningweeklyAre hedge funds net long or net short copper, and how does it compare with producers/merchants? | +22.5% % of open interest | +3.4 pp | +4.2 pp | 86th | |
| WTI crude oil futures positioningweeklyAre hedge funds net long or net short WTI crude oil, and how does it compare with producers/merchants? | +5.4% % of open interest | +3.6 pp | −6.6 pp | 14th | |
| Natural gas futures positioningweeklyAre hedge funds net long or net short natural gas, and how does it compare with producers/merchants? | -5.5% % of open interest | −4.1 pp | −11.0 pp | 37th | |
| Silver futures positioningweeklyAre hedge funds net long or net short silver, and how does it compare with producers/merchants? | +12.7% % of open interest | −9.3 pp | +2.6 pp | 43rd | |
| Corn futures positioningweeklyAre hedge funds net long or net short corn, and how does it compare with producers/merchants? | +22.5% % of open interest | +27.8 pp | +8.2 pp | 94th | |
| Wheat futures positioningweeklyAre hedge funds net long or net short wheat, and how does it compare with producers/merchants? | -0.8% % of open interest | +18.0 pp | +2.1 pp | 71st | |
| Soybeans futures positioningweeklyAre hedge funds net long or net short soybeans, and how does it compare with producers/merchants? | +21.9% % of open interest | +21.8 pp | +14.2 pp | 85th | |
| Cross-asset speculative crowdingweeklyHow crowded is speculative positioning across equity, FX, rates and commodity futures simultaneously? | 51.90 | −8.1% | +19.8% | 39th | |
| Major FX dollar positioningweeklyHow concentrated is speculative positioning across the major currency pairs on the dollar-bullish side? | 44.09 index (0-100) | −13.9% | −7.3% | 32nd | |
| Equity-index positioning breadthweeklyWhat share of equity-index futures contracts are leveraged funds positioned more bullish than usual in? | 50.0 % | +25.0 pp | +25.0 pp | 59th | |
| Treasury 2Y–10Y positioning spreadweeklyIs speculative positioning leaning toward the short or the long end of the Treasury curve? | -29.2 % of OI | +19.1 pp | −20.3 pp | 26th | |
| Treasury duration crowdingweeklyHow crowded is speculative positioning across the five Treasury futures tenors? | 49.35 index (0-100) | −28.0% | +32.0% | 24th | |
| Treasury cohort divergenceweeklyHow wide is the positioning gap between asset managers and leveraged funds across Treasury futures? | 62.67 pp of OI | −14.77 pp of OI | +42.58 pp of OI | 84th | |
| Commodity positioning breadthweeklyWhat share of the eight tracked commodity futures have positive Managed Money Net/OI? | 75.0 % | +20.0% | −14.3% | 48th | |
| Agricultural index-trader crowdingweeklyHow concentrated are index-trader flows across corn, wheat and soybean futures? | 16.5 % of OI | +11.2% | −28.2% | 21st | |
| Gold–silver positioning spreadweeklyIs speculative positioning in gold more extended than in silver, or vice versa? | 80.3 percentile points | −1.9% | +157.1% | 80th | |
| WTI positioning vs inventory tightnessweeklyIs speculative positioning in WTI aligned with the physical inventory backdrop? | 31.61 index (0-100) | +1733.3% | −29.8% | 42nd | |
| Crude oil inventories | |||||
| U.S. commercial crude oil inventoriesweeklyWhere do U.S. commercial crude oil stocks sit relative to their five-year seasonal range? | 423.43 Million Barrels | +1.9% | +1.4% | 79th | |
| Cushing crude oil inventoriesweeklyWhere do Cushing, Oklahoma crude stocks sit relative to their five-year seasonal range? | 21.48 Million Barrels | −8.8% | −39.2% | 17th | |
| Treasury cash and liquidity | |||||
| Treasury General AccountdailyHow large is the Treasury's operating cash balance at the Federal Reserve? | 991.71 $bn | +20.4% | +17.9% | 99th | |
| Treasury cash injection/draindailyHow much cash is the Treasury injecting into or draining from the private sector each day? | 302.35 $bn | +2.44 $bn | +16.06 $bn | 81st | |
| Debt-limit headroomdailyHow much room does the Treasury have under the statutory debt ceiling? | 1200.74 $bn | 0.0% | +44.7% | 100th | |
| Treasury debt stock | |||||
| Public vs intragovernmental debtdailyHow much U.S. debt is held by the public versus the government itself? | 32392.79 $bn | +7.3% | +45.4% | 99th | |
| Marketable vs non-marketable debtmonthlyHow much Treasury debt is marketable (traded) and how much is non-marketable? | 31455.08 $bn | +8.6% | +45.0% | 100th | |
| Treasury debt compositionmonthlyHow is U.S. marketable debt split across bills, notes, bonds, TIPS and FRNs? | 22.2 % | +7.4% | +16.4% | 90th | |
| TIPS vs floating-rate fundingmonthlyHow much of marketable debt is inflation-linked (TIPS) versus floating-rate (FRNs)? | 6.8 % | −3.5% | −7.5% | 2nd | |
| Treasury maturity wallmonthlyHow much marketable debt is maturing in the next year and beyond? | 33.3 % | +4.4% | +7.2% | 88th | |
| Treasury debt costmonthlyWhat is the average interest rate the Treasury pays on marketable versus non-marketable debt? | 3.4 % | +1.3% | +133.3% | 100th | |
| Treasury auction demand | |||||
| Treasury gross issuance mixweeklyIs the Treasury raising more through bills or coupons each quarter? | 7528.39 $bn | +1223.54 $bn | +4851.54 $bn | 100th | |
| Treasury bill auction demandmonthlyHow strong is demand at Treasury bill auctions? | 2.9 ratio | −3.1% | −13.3% | 37th | |
| Treasury coupon auction demandmonthlyHow strong is demand at Treasury coupon auctions? | 2.5 ratio | +1.6% | +3.7% | 57th | |
| Treasury indirect-bidder sharemonthlyWhat share of Treasury auctions do indirect bidders take? | 55.7 % | −4.2% | +24.1% | 89th | |
| Other | |||||
| Fed liquidity: assets vs drainsdailyHow large is the Fed's balance sheet relative to liquidity drains? | 6737.20 $bn | +2.0% | −24.9% | 30th | |
| Treasury debt cost vs 10Y yieldmonthlyHow does the Treasury's average borrowing cost compare to the 10-year yield? | 3.4 % | +1.3% | +133.3% | 100th | |
Percentile places the latest reading within each benchmark’s own full history. Change columns are quoted in percent for ratio series and in percentage points for spreads and signed series, matching each benchmark's own page. Every benchmark publishes on its own schedule. The as-of column gives each one’s latest reading.