US MAS 4-Week Bill Auction fell to 2.93% in January 2025
US MAS 4-Week Bill Auction fell to 2.93% in January 2025, released 18 Feb 2025, down 0.05% from December's 2.98% reading.
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A backtest 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
MAS 4-Week Bill Auction (United States) was reported at 2.93% in January 2025. The reading fell from the previous value of 2.98%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Core PPI MoM (Nov 13) and Producer Price Index MoM (Nov 13).
MAS 4-Week Bill Auction - US
About MAS 4-Week Bill Auction — United States
DEFINITION
The MAS 4-Week Bill Auction is a financial indicator that measures the demand for short-term government debt securities issued by the Monetary Authority of Singapore. This auction provides insight into the current market sentiment and investor confidence in the Singaporean economy, as well as the government's ability to raise funds. It is closely monitored by financial institutions and investors as it can impact interest rates and overall market conditions.
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'S NEXT
This indicator correlates most strongly with S&P 500 (r=0.50) — a useful reference for index-focused traders.
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Economic Calendar - US Events
| Thursday, November 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 13:30 | Initial Jobless Claims | 200 | 191 | 195 | 197.50 | High | |
| 13:30 | Continuing Jobless Claims | 1697 | 1717 | 1710 | 1703.50 | High | |
| 13:30 | Jobless Claims 4-Week Average | 195.25 | 195.25 | 192.5 | 193.88 | High | |
| 15:00 | Existing Home Sales MoM | -5.5 | 1 | 0.3 | -2.60 | High | |
| 15:00 | Existing Home Sales | 3.75 | 3.97 | 3.85 | 3.80 | High | |
| 17:00 | EIA Crude Oil Stocks Change | 4.657 | -0.865 | -1.1 | 1.78 | Medium | |
| 17:00 | EIA Distillate Stocks Change | 4.071 | -3.565 | -1 | 1.54 | Low | |
| 17:00 | EIA Gasoline Stocks Change | 1.799 | -0.222 | -0.1 | 0.85 | Medium | |
| 19:00 | Budget Balance | -404 | -27 | -298.6 | -351.30 | Medium | |
| Friday, November 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 13:30 | PPI Ex Food, Energy and Trade MoM | 0.5 | 0.3 | 0.30 | Low | ||
| 13:30 | Producer Price Index YoY | 6.3 | 6.6 | 6.60 | Low | ||
| 13:30 | Core PPI MoM | 0.7 | 0.3 | 0.30 | Medium | ||
| 13:30 | Core PPI YoY | 5 | 5 | 5.00 | Low | ||
| 13:30 | PPI Ex Food, Energy and Trade YoY | 5 | 5 | 5.00 | Low | ||
| 13:30 | Producer Price Index MoM | 1.3 | 0.4 | 0.40 | High | ||
| 13:30 | Producer Price Index | 159.78 | 160 | 160.00 | Low | ||
| 15:30 | EIA Natural Gas Stocks Change | 77 | 66 | 66.00 | Low | ||
| Monday, November 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 13:30 | NY Empire State Manufacturing Index | 25.5 | 10 | 14.80 | High | ||

Editorial review: Neha Gupta, AnalystLinkedIn profile
Neha Gupta is a Chartered Financial Analyst with over 18 years of experience in finance and more than 11 years as a financial writer. She’s authored for clients worldwide, including platforms like MarketWatch, TipRanks, InsiderMonkey, and Seeking Alpha. Her work is known for its technical rigor, clear communication, and compliance-awareness—evident in her success enhancing market updates.