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US 23-Day Bill Auction held to 0.05 in November 2021, released December 2021.
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.
23-Day Bill Auction (United States) was reported at 0.05 in December 2021.
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 NY Empire State Manufacturing Index (Sep 15) and NY Empire State Manufacturing Index (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update December 2021.
The 23-Day Bill Auction is a financial indicator that measures the demand for short-term government debt securities with a maturity of 23 days. It is used by investors and analysts to gauge the current market sentiment and interest rates for short-term investments. The auction process allows the government to raise funds by selling these bills to investors, providing insight into the overall strength of the economy. This indicator is closely monitored by financial institutions and can impact interest rates and the overall performance of the financial markets.
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 (Dec 2021): actual 0.05.
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
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| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 15:30 | 3-Month Bill Auction | 3.8 | 3.809 | 3.81 | Low | ||
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | NY Empire State Manufacturing Index | 20.6 | 15 | 10.85 | High | ||
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Retail Sales MoM | -0.4 | -0.1 | -0.10 | High | ||
| 12:30 | Retail Sales Ex Autos MoM | -0.3 | 0.5 | 0.50 | High | ||
| 12:30 | Import Prices YoY | 5.9 | 6 | 6.35 | Low | ||
| 12:30 | Retail Sales Ex Gas/Autos MoM | -0.2 | 0.1 | 0.10 | High | ||
| 12:30 | Retail Sales YoY | 5 | 4.3 | 4.30 | High | ||
| 12:30 | Export Prices MoM | -1.3 | -0.5 | -0.45 | Medium | ||
| 12:30 | Import Prices MoM | -0.4 | 0.2 | 0.65 | Medium | ||
| 12:30 | Export Prices YoY | 8.2 | 7.5 | 7.90 | Low | ||
| 14:00 | Business Inventories MoM | 0 | 0.2 | 0.20 | Medium | ||
| 14:00 | NAHB Housing Market Index | 35 | 34 | 33.50 | Medium | ||
| 14:00 | Retail Inventories Ex Autos MoM | 0.7 | -0.5 | 0.7 | 0.70 | Low | |
| 18:00 | Fed Interest Rate Decision | 3.75 | 4 | 4.00 | High | ||
| 20:00 | Net Long-Term TIC Flows | 172.7 | 146.3 | 146.30 | Medium | ||