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US 17-Week Bill Auction fell to 4.12% in September 2026, down 0.02% from August's 4.14% 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 |
|---|---|---|---|---|---|
| USD/CAD | ▲ Direct | +0.33 | FOREX | Moves with | → View |
| GBP/USD | ▼ Inverse | −0.30 | FOREX | Moves against | → View |
| AUD/USD | ▼ Inverse | −0.30 | FOREX | Moves against | → View |
| NZD/USD | ▼ Inverse | −0.30 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
17-Week Bill Auction (United States) was reported at 4.12% in September 2026. The reading fell from the previous value of 4.14%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 3.7%, ranging from 3.51% to 4.14% across 41 releases.
The trailing three releases averaged 4.09%, up from the prior three at 3.83%. Volatility over the past year (σ 0.15%) is comparable than the prior year (σ 0.15%). In September readings over the past 3 years, 17-Week Bill Auction has averaged 4.16%.
Historically, this indicator is positively correlated with USD/CAD (Bullish USD).
The next release is scheduled for October 7, 2026. Same-country events in the next 14 days include Imports (Oct 6) and Exports (Oct 6).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
The 17-Week Bill Auction is a financial indicator that measures the demand and interest rates for short-term government debt securities known as Treasury Bills. These auctions are held every 17 weeks and provide insight into the current market conditions and investor sentiment towards the government's borrowing needs. The results of the auction can impact interest rates and serve as a gauge for the overall health of the economy. This indicator is closely monitored by investors, economists, and policymakers as it reflects the government's ability to raise funds and manage its debt.
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 (Sep 2026): actual 4.115 %. Prior reading (Sep 2026): 4.135 %. Before that (Sep 2026): 4.03 %.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
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| Monday, October 5, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 13:45 | S&P Global Services PMI | 58.8 | 56.5 | 58.7 | 58.75 | Low | |
| 13:45 | S&P Global Composite PMI | 58.4 | 56 | 58.4 | 58.40 | Low | |
| 14:00 | ISM Services Prices | 74 | 72.6 | 72.9 | 73.45 | Low | |
| 14:00 | ISM Services PMI | 54.9 | 55.4 | 55 | 54.95 | High | |
| 14:00 | ISM Services New Orders | 59.8 | 60.9 | 60.3 | 60.05 | Low | |
| 14:00 | ISM Services Business Activity | 56.5 | 61.7 | 61.5 | 59.00 | Low | |
| 14:00 | ISM Services Employment | 50.1 | 47.8 | 48 | 49.05 | Low | |
| 15:30 | 3-Month Bill Auction | 4.05 | 4.11 | 4.109 | 4.08 | Low | |
| Tuesday, October 6, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Imports | 399.3 | 416.8 | 417.45 | Medium | ||
| 12:30 | Exports | 310.7 | 314.6 | 316.45 | Medium | ||
| 12:30 | Balance of Trade | -88.6 | -102 | -101.55 | Medium | ||
| 14:00 | Economic Optimism Index | 45.6 | 44.5 | 44.75 | Low | ||
| Wednesday, October 7, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 11:00 | MBA 30-Year Mortgage Rate | 7.3 | 6 | 6.00 | Medium | ||
| 15:00 | Consumer Inflation Expectation | 3.6 | 3.7 | 3.95 | Low | ||
| 19:00 | Consumer Credit Change | 18.06 | 15 | 15.00 | Low | ||