🧾 Daily Liquidity Check

1️⃣ SOFR – Near policy rate → ✅ Liquidity OK

2️⃣ Fed balance sheet – Stable / slight support → ✅ No drain

3️⃣ Treasury yields – Falling or steady → ✅ Easier conditions

4️⃣ Credit spreads – Tight / calm → ✅ Risk appetite fine

5️⃣ Repo / SRF usage – Normal → ✅ No stress

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🟢 Today’s Liquidity Signal

Neutral to supportive (not tight, not full QE)

Meaning: Markets have enough cash; no immediate liquidity stress.

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