US 40-Day Bill Auction held to 0.06 in September 2021
US 40-Day Bill Auction held to 0.06 in September 2021, released October 2021.
Latest Release
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Forecasts generated by Sigmanomics engine. Not financial advice.
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Method: 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.
THE RELEASE
40-Day Bill Auction (United States) was reported at 0.06 in October 2021.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Fed Schmid Speech (Nov 10) and Fed Bowman Speech (Nov 10).
Auto-generated from current model state · Refreshes on each release · Last update October 2021.
40-Day Bill Auction - US
About 40-Day Bill Auction — United States
DEFINITION
The 40-Day Bill Auction is a financial indicator that measures the demand for short-term government debt securities with a maturity of 40 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 closely monitored by financial analysts and investors as it can indicate the overall health of the economy and the government's ability to manage its debt.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2021): actual 0.055. Prior reading (Oct 2021, first reported): 0.055.
WHAT'S NEXT
Sigmacast's 1-month forecast is 0.06 (latest print 0.06). This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.
SIGMANOMICS MARKET FORECAST ENGINE
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Economic Calendar - US Events
| Monday, November 9, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 15:00 | Wholesale Inventories MoM | 0.7 | 0.6 | 0.6 | 0.65 | Low | |
| 15:00 | Wholesale Sales MoM | 2.8 | 2 | 1.1 | 1.95 | Low | |
| 16:00 | Consumer Inflation Expectation | 3.9 | 3.9 | 3.8 | 3.85 | Low | |
| 16:30 | 3-Month Bill Auction | 4.06 | 4.04 | 4.009 | 4.03 | Low | |
| Tuesday, November 10, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 11:00 | NFIB Business Optimism Index | 97.8 | 97.9 | 97.7 | 98.30 | Low | |
| 13:30 | CPI s.a | 337.48 | 336.3 | 337 | 337.17 | High | |
| 13:30 | Inflation Rate MoM | 0.4 | 0.6 | 0.3 | 0.33 | High | |
| 13:30 | Core Inflation Rate MoM | 0.3 | 0.3 | 0.2 | 0.23 | High | |
| 13:30 | CPI | 337.51 | 336.94 | 337.02 | 337.13 | High | |
| 13:55 | Redbook YoY | 10.1 | 10.4 | 9.3 | 9.70 | Low | |
| 21:30 | API Crude Oil Stock Change | -5.267 | -1 | 3.79 | Medium | ||
| Wednesday, November 11, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 19:00 | Budget Balance | -27 | -298 | -339.85 | Medium | ||