Track Fed assets, Treasury and MBS holdings with weekly data and historical charts since 2002
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Explore the Fed’s balance sheet and securities holdings
Total Fed Assets
The consolidated assets of the Federal Reserve Banks. The published total includes securities, lending facilities and other assets, with consolidation adjustments. $6.75T · Oct 28, 2026.
Balance sheet history
Weekly observations
Interactive chart requires JavaScript. Weekly observations are listed below.
Weekly Wednesday levels · Hover, tap or use arrow keys to inspect values.
Weekly observations
Latest 12 reports
| Observation date | Amount | Weekly change | Weekly change % |
|---|---|---|---|
| Oct 28, 2026 | $6.75T | -$7.97B | -0.12% |
| Oct 21, 2026 | $6.75T | -$2.04B | -0.03% |
| Oct 14, 2026 | $6.76T | +$8.08B | +0.12% |
| Oct 7, 2026 | $6.75T | +$4.53B | +0.07% |
| Sep 30, 2026 | $6.74T | -$4.67B | -0.07% |
| Sep 23, 2026 | $6.75T | +$1.16B | +0.02% |
| Sep 16, 2026 | $6.75T | +$5.93B | +0.09% |
| Sep 9, 2026 | $6.74T | +$3.42B | +0.05% |
| Sep 2, 2026 | $6.74T | +$6.29B | +0.09% |
| Aug 26, 2026 | $6.73T | -$14.79B | -0.22% |
| Aug 19, 2026 | $6.75T | -$14.26B | -0.21% |
| Aug 12, 2026 | $6.76T | +$11.39B | +0.17% |
Treasury Holdings
U.S. Treasury securities held outright by the Federal Reserve. The amount includes inflation compensation on TIPS and is reported at face value. $4.58T · Oct 28, 2026.
Balance sheet history
Weekly observations
Interactive chart requires JavaScript. Weekly observations are listed below.
Weekly Wednesday levels · Hover, tap or use arrow keys to inspect values.
Weekly observations
Latest 12 reports
| Observation date | Amount | Weekly change | Weekly change % |
|---|---|---|---|
| Oct 28, 2026 | $4.58T | +$3.93B | +0.09% |
| Oct 21, 2026 | $4.57T | +$2.10B | +0.05% |
| Oct 14, 2026 | $4.57T | +$4.17B | +0.09% |
| Oct 7, 2026 | $4.57T | +$2.22B | +0.05% |
| Sep 30, 2026 | $4.56T | +$5.83B | +0.13% |
| Sep 23, 2026 | $4.56T | +$3.88B | +0.09% |
| Sep 16, 2026 | $4.55T | +$2.11B | +0.05% |
| Sep 9, 2026 | $4.55T | -$10.00M | 0.00% |
| Sep 2, 2026 | $4.55T | +$6.18B | +0.14% |
| Aug 26, 2026 | $4.55T | +$3.94B | +0.09% |
| Aug 19, 2026 | $4.54T | +$3.94B | +0.09% |
| Aug 12, 2026 | $4.54T | +$8.33B | +0.18% |
MBS Holdings
Agency mortgage-backed securities held outright by the Federal Reserve, measured at remaining principal balance. These are holdings, not commitments to buy or sell. $1.88T · Oct 28, 2026.
Balance sheet history
Weekly observations
Interactive chart requires JavaScript. Weekly observations are listed below.
Weekly Wednesday levels · Hover, tap or use arrow keys to inspect values.
Weekly observations
Latest 12 reports
| Observation date | Amount | Weekly change | Weekly change % |
|---|---|---|---|
| Oct 28, 2026 | $1.88T | -$11.66B | -0.61% |
| Oct 21, 2026 | $1.90T | -$2.98B | -0.16% |
| Oct 14, 2026 | $1.90T | +$71.00M | 0.00% |
| Oct 7, 2026 | $1.90T | $0.00M | 0.00% |
| Sep 30, 2026 | $1.90T | -$12.32B | -0.64% |
| Sep 23, 2026 | $1.91T | -$3.11B | -0.16% |
| Sep 16, 2026 | $1.91T | -$62.00M | 0.00% |
| Sep 9, 2026 | $1.91T | $0.00M | 0.00% |
| Sep 2, 2026 | $1.91T | $0.00M | 0.00% |
| Aug 26, 2026 | $1.91T | -$17.14B | -0.89% |
| Aug 19, 2026 | $1.93T | -$127.00M | -0.01% |
| Aug 12, 2026 | $1.93T | $0.00M | 0.00% |
Balance sheet context
All figures use the same Wednesday date. Reserve balances and the Treasury General Account are liabilities; they are not additional assets or M2 money supply.
Asset composition & comparison
Compare total assets with Treasury and MBS holdings. Total assets contain both securities categories and other balance-sheet items; the three lines should not be added together.
Total assets, Treasuries and MBS
Weekly observations
Interactive comparison requires JavaScript.
Weekly Wednesday levels · USD trillions.
Source: Board of Governors of the Federal Reserve System — H.4.1 · Weekly Wednesday levels · Source checked twice daily
Methodology & data notes
The tracker uses Wednesday levels in the Fed’s H.4.1 release, in integer millions of U.S. dollars. Weekly averages and individual Reserve Bank district figures are excluded. Charts retain each weekly observation, display two decimal places in USD trillions and disclose source amounts in tooltips. CSV preserves all reported integer millions.
Weekly, 4-week and 52-week changes compare observations exactly 1, 4 and 52 weeks apart. Four weeks is not a calendar month; 52 weeks is 364 days, not a calendar-year comparison. The 1-year view displays the latest 53 weekly observations, the 5-year view the latest 261 and the 10-year view the latest 521. All chart periods use lines without permanent point markers. Hover anywhere, tap or use arrow keys for exact weekly observations. Positive changes are green, negative changes red and rounded zero changes neutral; these colours indicate direction, not whether a balance-sheet increase is desirable. Full history begins December 18, 2002. Data are not seasonally adjusted.
Total assets are consolidated balance-sheet amounts. Treasury holdings include TIPS inflation compensation; MBS holdings use remaining principal balance. The calculated residual is total assets less Treasury and MBS holdings, including other assets and valuation adjustments. Reserve balances and the Treasury General Account are liabilities shown separately for context.
A rise or fall in total assets is not automatically quantitative easing or tightening. Lending facilities, repayments, securities settlements and other balance-sheet movements can also change the total. These data do not measure broad money supply or provide a standalone gold or silver price forecast. Compare with U.S. M2 money supply and U.S. real yields.
The Fed generally publishes H.4.1 on Thursday, with holiday exceptions. The Wednesday observation date and successful verification time are separate. Each successful check loads the full revised history. Failed or incomplete checks preserve the verified snapshot. Independent Silver Dominion tool; not affiliated with or endorsed by the Federal Reserve. Data attribution follows the Board’s public-domain website policy. No Fed logos or third-party graphics are included.
Understanding the Federal Reserve Balance Sheet
The Federal Reserve balance sheet provides valuable insight into U.S. monetary policy, financial conditions, and the central bank’s role in the economy.
The Federal Reserve Balance Sheet Tracker follows total Fed assets, U.S. Treasury securities, and mortgage-backed securities (MBS), with official weekly data dating back to December 2002.
Historical charts capture major developments, including the 2008 financial crisis, pandemic-era monetary expansion, and subsequent balance-sheet reductions.
Understanding these changes helps investors evaluate monetary conditions and their potential implications for financial markets.
For additional background, explore our guide to the central bank balance sheet.
What Does the Fed Balance Sheet Tracker Show?
The tracker monitors three important components of Federal Reserve assets:
- Total Fed Assets: The overall value of assets held by the Federal Reserve, including securities, loans, and other holdings.
- Treasury Securities: U.S. government debt held by the Fed, reflecting an important part of its monetary-policy operations.
- Mortgage-Backed Securities (MBS): Primarily agency mortgage-backed securities acquired through previous asset purchase programs.
Interactive charts show long-term developments, while the latest 12 weekly observations highlight recent changes.
Historical data is also available for download and further analysis.
Quantitative Easing and Quantitative Tightening
The Fed’s balance sheet often expands during quantitative easing (QE), when the central bank purchases securities to ease financial conditions.
Quantitative tightening (QT) generally works in the opposite direction, gradually reducing securities holdings as assets mature without full reinvestment.
However, not every balance-sheet increase represents QE. Emergency lending and other financial operations can also affect total assets.
Understanding what drives each change matters more than simply observing whether the balance sheet rises or falls.
How Does the Fed Balance Sheet Affect Gold and Silver?
Changes in monetary policy can influence interest rates, the U.S. dollar, liquidity expectations, and demand for precious metals.
Gold often benefits from declining real yields or a weaker dollar, although these relationships vary with broader market conditions.
Investors can examine this relationship using our U.S. Real Yields Tracker.
Silver responds to many of the same monetary forces, but industrial demand also plays a significant role in its price movements.
An expanding Fed balance sheet does not automatically mean higher gold or silver prices. The economic environment and reasons behind monetary expansion remain essential.
Fed Assets, Money Supply, and Treasury Yields
Federal Reserve assets represent only one part of the broader monetary picture.
The U.S. M2 Money Supply Tracker provides additional insight into changes in money held throughout the economy.
Meanwhile, the U.S. Treasury Yields Tracker helps investors examine interest-rate expectations across different maturities.
Treasury auction results offer another perspective on demand for U.S. government debt, available through our Treasury Auction Demand Tracker.
Together, these indicators provide useful context for analyzing monetary policy, financial markets, and precious metals.
Official Data and Weekly Updates
The tracker uses official Federal Reserve H.4.1 data, normally published every Thursday, with observations generally reflecting the preceding Wednesday.
Silver Dominion regularly checks for newly published figures and historical revisions.
The interactive charts, recent weekly reports, and downloadable data allow investors to explore more than two decades of Federal Reserve balance-sheet developments.
Source: Federal Reserve H.4.1 Statistical Release
Frequently Asked Questions
What is the Federal Reserve balance sheet?
The Federal Reserve balance sheet reports the central bank’s assets and liabilities. Assets include U.S. Treasury securities, mortgage-backed securities and loans, while liabilities include currency in circulation, bank reserve balances and government deposits.
Where does this tracker get its data?
The tracker uses official Federal Reserve H.4.1 data. Charts show Wednesday observations for total assets, Treasury holdings and mortgage-backed securities.
How often is the Federal Reserve balance sheet updated?
The Federal Reserve generally publishes its H.4.1 release each Thursday, with adjustments around holidays. This tracker automatically checks for updates twice daily and incorporates historical revisions when available.
Does an expanding balance sheet always mean quantitative easing?
No. Total assets can also increase because of lending facilities, temporary operations and other balance sheet changes. Quantitative easing generally involves purchases of securities intended to ease financial conditions, so changes in total assets alone do not establish that QE is taking place.
What is the difference between Treasury and MBS holdings?
Treasury holdings are securities issued by the U.S. Treasury. Mortgage-backed securities, or MBS, represent interests in pools of mortgage loans. Both are components of total Fed assets and should not be added to total assets as separate amounts.
Is the Fed balance sheet the same as M2 money supply?
No. The Fed balance sheet measures the central bank’s assets and liabilities, while M2 measures a broader money aggregate that includes currency, deposits and certain money market funds. Explore the U.S. M2 Money Supply Tracker to compare monetary trends.
How are changes calculated, and can I download the data?
Changes compare the latest observation with values one, four and 52 weeks earlier. Four-week changes are not calendar-month changes. Displayed values use two decimal places, while CSV downloads preserve the underlying data in USD millions. Charts can also be downloaded as SVG files.