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US 105-Day Bill Auction fell to 0.05% in January 2021, released February 2021, down 0.01% from December's 0.06% reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Moves with | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Moves against | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
105-Day Bill Auction (United States) was reported at 0.05% in February 2021. The reading fell from the previous value of 0.06%.
The indicator has been trending downward over the last three releases. The trailing three releases averaged 0.06%, down from the prior three at 0.09%.
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
Same-country events in the next 14 days include Leading Index MoM (Jul 20) and API Crude Oil Stock Change (Jul 21).
Auto-generated from current model state · Refreshes on each release · Last update February 2021.
The 105-Day Bill Auction is a financial indicator that measures the demand for short-term government debt securities with a maturity of 105 days. This auction allows the government to raise funds by selling these bills to investors, providing insight into the current market sentiment and interest rates. It is often used as a gauge of investor confidence in the economy and can impact overall interest rates and borrowing costs.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Feb 2021): actual 0.045 %. Prior reading (Feb 2021): 0.055 %. Before that (Jan 2021): 0.075 %.
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.
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