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U.S. Treasury Bills Held Outright | Astral Vision
U.S. Treasury Bills Held Outright | Astral Vision 🌠💠
Treasury Bills Held Outright represents the stock of short-term US government securities held directly on the Federal Reserve's balance sheet.
Expansions of this holding reflect active Fed intervention in the short-term debt market, injecting liquidity into the financial system. Contractions signal withdrawal. Because T-Bills are the shortest-duration instrument the Fed holds, changes in this series respond faster than broader balance sheet metrics and can serve as an early read on the direction of monetary conditions.
This indicator plots the weekly WSHOBL series from FRED and colors it by whether its 10-bar rate of change is above a configurable growth threshold, distinguishing active expansion phases from stagnation or contraction. The same regime is projected onto the price chart as a background highlight.
Calculation ⚙️
`ROC = (val − val[10]) / |val[10]|`
The signal colors positive when ROC exceeds the configured threshold, indicating active T-Bill accumulation by the Fed. Below the threshold the signal turns negative. Data is pulled weekly from FRED on confirmed closed bars.
Plots 📊
Inputs 🎛️
Colors 🎨
5 Astral Vision presets + custom override. Default: Paradiso. Positive color activates when the rate of change exceeds the growth threshold; negative color applies otherwise.
Purpose 🎯
Most Fed balance sheet indicators track total assets or reserves, series that move slowly and are dominated by longer-duration holdings like MBS and Treasuries.
T-Bills Held Outright is a narrower and more reactive slice of the balance sheet that captures short-term liquidity operations directly.
When the Fed is actively accumulating T-Bills, it is injecting short-duration liquidity into the system, a condition that has historically been favorable for risk assets including Bitcoin.
This indicator makes that dynamic visible on any chart without requiring manual cross-referencing of FRED data.
Disclaimer ⭕️
It is not financial advice, not an investment recommendation, and not affiliated with any financial institution, research firm, or organization of any kind. All content is provided for educational and informational purposes only. Always conduct your own research before making any financial decision.
Treasury Bills Held Outright represents the stock of short-term US government securities held directly on the Federal Reserve's balance sheet.
Expansions of this holding reflect active Fed intervention in the short-term debt market, injecting liquidity into the financial system. Contractions signal withdrawal. Because T-Bills are the shortest-duration instrument the Fed holds, changes in this series respond faster than broader balance sheet metrics and can serve as an early read on the direction of monetary conditions.
This indicator plots the weekly WSHOBL series from FRED and colors it by whether its 10-bar rate of change is above a configurable growth threshold, distinguishing active expansion phases from stagnation or contraction. The same regime is projected onto the price chart as a background highlight.
Calculation ⚙️
`ROC = (val − val[10]) / |val[10]|`
The signal colors positive when ROC exceeds the configured threshold, indicating active T-Bill accumulation by the Fed. Below the threshold the signal turns negative. Data is pulled weekly from FRED on confirmed closed bars.
Plots 📊
- Weekly WSHOBL line in the indicator panel, colored by ROC regime
- Background highlight on the price chart during active expansion phases (toggleable transparency)
Inputs 🎛️
- `Overlay BG Transparency`: opacity of the price chart background highlight during expansion
Colors 🎨
5 Astral Vision presets + custom override. Default: Paradiso. Positive color activates when the rate of change exceeds the growth threshold; negative color applies otherwise.
Purpose 🎯
Most Fed balance sheet indicators track total assets or reserves, series that move slowly and are dominated by longer-duration holdings like MBS and Treasuries.
T-Bills Held Outright is a narrower and more reactive slice of the balance sheet that captures short-term liquidity operations directly.
When the Fed is actively accumulating T-Bills, it is injecting short-duration liquidity into the system, a condition that has historically been favorable for risk assets including Bitcoin.
This indicator makes that dynamic visible on any chart without requiring manual cross-referencing of FRED data.
Disclaimer ⭕️
It is not financial advice, not an investment recommendation, and not affiliated with any financial institution, research firm, or organization of any kind. All content is provided for educational and informational purposes only. Always conduct your own research before making any financial decision.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
My premium indicators are available on Whop:
whop.com/astralvision
Astral Vision 🌠💠
whop.com/astralvision
Astral Vision 🌠💠
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
My premium indicators are available on Whop:
whop.com/astralvision
Astral Vision 🌠💠
whop.com/astralvision
Astral Vision 🌠💠
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.