CycleWatch

Signals › Fiscal & Sovereign

ISSUE_MIX · TREASURY

Bill versus coupon issuance mix

Heavy bill issuance signals funding stress.

Latest reading

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No free source.

Signal

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Not in the fit. No verdict.

Use
Context: regime context; not an input

Where it fits

Fiscal & Sovereign: Measure fiscal impulse and capture the highest-frequency income data available anywhere. The model averages the standardised signals in each block into a block score, then combines the twelve block scores in a probit. Today the 12-block model reads 1.6%.

Other signals in this block