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 May) $627.0 billion, -2.8% Y/Y
  • Trading (through May) $3.1 billion ADV, -13.4% Y/Y
  • Outstanding (as of 1Q26) $2.1 trillion, +5.6% Y/Y

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