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US QE Treasuries fell to 0B in October 2014, down 10B from September's 10B reading. The reading matched the 0B consensus. QE Treasuries has now declined for 4 consecutive months. QE Treasuries is now the lowest in 9 months.
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.
QE Treasuries (United States) was reported at 0.00 billion in October 2014. This matched the market consensus of 0.00 billion exactly. The reading fell from the previous value of 10.00 billion.
The indicator has been trending downward over the last three releases. The trailing three releases averaged 8.33 billion, down from the prior three at 21.67 billion.
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 MBA 30-Year Mortgage Rate (Sep 23) and S&P Global Manufacturing PMI (Sep 23).
Auto-generated from current model state · Refreshes on each release · Last update October 2014.
QE Treasuries is a financial indicator that measures the amount of Treasury securities purchased by the Federal Reserve through its quantitative easing (QE) program. This indicator provides insight into the central bank's efforts to stimulate the economy by injecting liquidity into the financial system through the purchase of government bonds. It is closely monitored by investors and economists as it can impact interest rates, inflation, and overall market conditions.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Oct 2014): actual 0 B, consensus 0 B. Prior reading (Oct 2014): 0 B. Before that (Oct 2014): 0 B.
Sigmacast's 1-month forecast points to a higher reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. 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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| Tuesday, September 22, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 14:00 | Richmond Fed Manufacturing Shipments Index | -5 | 11 | 9 | 2.00 | Low | |
| 14:00 | Richmond Fed Services Index | 0 | -8 | -6 | -3.00 | Low | |
| 14:00 | Richmond Fed Manufacturing Index | -2 | 4 | 5 | 1.50 | Low | |
| 20:30 | API Crude Oil Stock Change | 1.786 | 7.14 | -0.5 | 0.64 | Medium | |
| 21:00 | API Crude Oil Stock Change | 1.786 | 7.14 | -0.5 | 0.64 | Medium | |
| Wednesday, September 23, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 13:45 | S&P Global Manufacturing PMI | 53.9 | 53.6 | 53.60 | Medium | ||
| 13:45 | S&P Global Composite PMI | 56 | 55.2 | 55.20 | Medium | ||
| 13:45 | S&P Global Services PMI | 56.5 | 56 | 56.00 | Medium | ||
| 14:30 | EIA Crude Oil Stocks Change | -0.64 | -0.6 | -0.60 | Medium | ||
| Thursday, September 24, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Initial Jobless Claims | 196 | 201 | 196.00 | High | ||
| 12:30 | Current Account | -226.8 | -255 | -255.00 | Medium | ||
| 12:30 | Jobless Claims 4-Week Average | 203.25 | 203 | 202.13 | High | ||
| 12:30 | Continuing Jobless Claims | 1730 | 1750 | 1760.50 | High | ||
| 12:30 | Building Permits MoM | -2.7 | 4.3 | -2.7 | -2.70 | Low | |
| 12:30 | Building Permits | 1.394 | 1.433 | 1.394 | 1.39 | Low | |
| 14:00 | New Home Sales | 0.607 | 0.62 | 0.62 | High | ||
| 15:00 | Kansas Fed Manufacturing Index | 17 | 9 | 15.00 | Low | ||
| 15:00 | Kansas Fed Composite Index | 10 | 5 | 7.50 | Low | ||
| Friday, September 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Durable Goods Orders Ex Transp MoM | 0.4 | 0.6 | 0.95 | High | ||
| 12:30 | Non Defense Goods Orders Ex Air | 0.2 | 0.5 | 1.00 | Low | ||
| 12:30 | Durable Goods Orders MoM | 1.1 | -0.4 | -0.40 | High | ||
| 12:30 | Durable Goods Orders Ex Defense MoM | 1.3 | -0.6 | -0.95 | High | ||
| 14:00 | Michigan Consumer Sentiment | 47.8 | 51.7 | 47.6 | 47.70 | High | |
| 14:00 | Michigan 5 Year Inflation Expectations | 3.4 | 3.3 | 3.4 | 3.40 | Low | |
| 14:00 | Michigan Current Conditions | 50.9 | 51.9 | 49.5 | 50.20 | Low | |
| 14:00 | Michigan Inflation Expectations | 4.6 | 4 | 4.6 | 4.60 | Low | |
| 14:00 | Michigan Consumer Expectations | 45.8 | 51.5 | 45.8 | 45.80 | Low | |
| 17:00 | Baker Hughes Oil Rig Count | 452 | 453 | 453.00 | Low | ||