Treasury Auction Tail Stress Index
adw.adw_207Returns a 0-100 Treasury auction tail stress score (tail_bps z-score minus bid-to-cover z-score, 104-week rolling window by tenor; weekly from US Treasury Fiscal Data since 2001; higher = weaker auction demand) with auction_stress_score, tail_bps, and bid_to_cover_z. Call when the user asks about Treasury auction tails, bid-to-cover, weak demand, or whether markets can absorb new debt issuance, or when timing duration trades and order execution around scheduled auctions. Updates: weekly.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| days | No | Optional: return a daily HISTORY series of the last N days (up to 5 years of real archived data) instead of the current snapshot. History requires Gold tier; without it, the current snapshot is returned. |