SIFMA Research tracks U.S. agency debt markets including issuance, trading and outstanding data. All data is broken out by agency.

YTD 2026 statistics include:

  • Issuance (through January) $137.6 billion, +0.2% Y/Y
  • Trading (through January) $4.0 billion ADV, +12.4% Y/Y
  • Outstanding (as of 4Q25) $2.0 trillion, +0.3% Y/Y

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