Loading page content
Loading page content
US 3-Month Bill Auction climbed to 3.74% in June 2026, up 0.05% from May's 3.7% 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 |
|---|---|---|---|---|---|
| MSFT | ▼ Inverse | −0.35 | STOCKS | Moves against | → View |
| GOOGL | ▼ Inverse | −0.29 | STOCKS | Moves against | → View |
| NZD/USD | ▼ Inverse | −0.28 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
3-Month Bill Auction (United States) was reported at 3.76% in July 2026. The reading rose from the previous value of 3.74%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 3.77%, ranging from 3.54% to 4.25% across 45 releases.
The indicator has been trending upward over the last three releases. The trailing three releases averaged 3.69%, up from the prior three at 3.62%. Volatility over the past year (σ 0.21%) is lower than the prior year (σ 0.64%). In June readings over the past 3 years, 3-Month Bill Auction has averaged 4.32%.
Historically, this indicator is negatively correlated with MSFT (Bearish MSFT).
The next release is scheduled for July 20, 2026. Same-country events in the next 14 days include Inflation Rate YoY (Jul 14) and Core Inflation Rate YoY (Jul 14).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
The 3-Month Bill Auction is a financial indicator that measures the demand for short-term government debt securities. It is a highly anticipated event in the financial market as it provides insight into the current economic conditions and investor sentiment. The auction involves the sale of 3-month Treasury bills to investors, with the interest rate determined by competitive bidding. This indicator is closely monitored by investors and analysts as it reflects the government's ability to borrow money and the overall health of the economy.
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 (Jul 2026): actual 3.76 %. Prior reading (Jun 2026): 3.74 %. Before that (Jun 2026): 3.695 %.
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.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Monday, July 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 18:00 | Monthly Budget Statement | -120 | -293 | -132.8 | -126.40 | Medium | |
| 18:00 | Budget Balance | -120 | -293 | -135.8 | -127.90 | Medium | |
| Tuesday, July 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 10:00 | NFIB Business Optimism Index | 95.3 | 95.6 | 94.20 | Low | ||
| 12:30 | Inflation Rate YoY | 4.2 | 3.8 | 3.80 | High | ||
| 12:30 | Core Inflation Rate YoY | 2.9 | 2.9 | 2.90 | High | ||
| 12:30 | CPI s.a | 333.979 | 334 | 334.00 | Medium | ||
| 12:30 | Core Inflation Rate MoM | 0.2 | 0.2 | 0.20 | High | ||
| 12:30 | CPI | 335.12 | 334.71 | 334.71 | Medium | ||
| 12:30 | Inflation Rate MoM | 0.5 | -0.1 | -0.10 | High | ||
| 12:30 | CPI MoM | 0.5 | -0.1 | -0.10 | High | ||
| 12:30 | CPI YoY | 4.2 | 3.8 | 3.80 | High | ||
| 12:30 | Core CPI MoM | 0.2 | 0.2 | 0.20 | High | ||
| 12:30 | Core CPI YoY | 2.9 | 2.9 | 2.90 | Medium | ||
| 20:00 | Net Long-Term TIC Flows | 103.1 | 128 | 139.00 | Medium | ||
| Wednesday, July 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Producer Price Index | 157.659 | 159.1 | 158.50 | Low | ||
| 12:30 | Producer Price Index YoY | 6.5 | 7.2 | 6.90 | Low | ||
| 12:30 | Core PPI YoY | 4.9 | 5.2 | 5.05 | Low | ||
| 12:30 | Producer Price Index MoM | 1.1 | 0.8 | 0.50 | High | ||
| Thursday, July 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Retail Sales Ex Autos MoM | 0.8 | 0.4 | 0.40 | Medium | ||
| 12:30 | Retail Sales YoY | 6.9 | 6.7 | 6.70 | Low | ||
| 12:30 | Retail Sales Ex Gas/Autos MoM | 0.5 | 0.3 | 0.30 | Low | ||
| 12:30 | Retail Sales MoM | 0.9 | 0.3 | 0.30 | High | ||
| 14:00 | Pending Home Sales YoY | 4.8 | 1.3 | 1.30 | Medium | ||
| Friday, July 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Import Prices YoY | 6.7 | 5.4 | 5.45 | Low | ||
| 12:30 | Housing Starts | 1.177 | 1.2 | 1.20 | High | ||
| 13:15 | Industrial Production YoY | 1.7 | 1.5 | 1.50 | Low | ||
| 13:15 | Manufacturing Production YoY | 1.4 | 1 | 1.00 | Low | ||
| 13:15 | Capacity Utilization | 76.2 | 76.7 | 76.70 | Low | ||