{"id": "buyback_quarter_capacity", "framework": "supply", "framework_title": "Treasury supply", "title": "Buyback capacity this quarter", "kind": "schedule", "direction": "tracking", "unit": "usd", "display": {"decimals": 1, "suffix": "", "format": null, "signed": false}, "state": "tracking", "previous_state": "unknown", "state_changed_on": "2026-09-17", "as_of": "2026-09-22", "value": "67000000000.00", "value_display": "$67 B", "delta_value": "-39000000000.00", "delta_display": "−$39.0 B", "delta_period": "1q", "threshold_hit": null, "thresholds": [], "what_moved": "18 operations scheduled 1 Jul–29 Sep 2026 with caps totalling $67.0 B ($42 B liquidity support, $25 B cash management).", "provenance": {"metric": "sum(MaximumPurchaseAmountDollars) over the current calendar window; split liquidity_support / cash_management", "source_url": "https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/buybacks_operations?filter=operation_date:eq:2026-07-01", "operations": ["2026-07-01|0140PM|10Y_to_20Y", "2026-07-09|0140PM|2Y_to_3Y", "2026-07-16|0140PM|20Y_to_30Y", "2026-07-22|0140PM|1Y_to_10Y", "2026-07-23|0140PM|10Y_to_20Y", "2026-07-28|0140PM|20Y_to_30Y", "2026-08-06|0140PM|1Mo_to_2Y", "2026-08-11|0140PM|10Y_to_20Y", "2026-08-18|0140PM|20Y_to_30Y", "2026-08-20|0140PM|3Y_to_5Y", "2026-08-25|0140PM|5Y_to_7Y", "2026-09-03|0140PM|1Mo_to_2Y", "2026-09-09|0140PM|1Mo_to_2Y", "2026-09-10|0140PM|10Y_to_20Y", "2026-09-15|0140PM|10Y_to_30Y", "2026-09-17|0140PM|7Y_to_10Y", "2026-09-24|0140PM|20Y_to_30Y", "2026-09-29|0140PM|1Y_to_10Y"], "explainer": {"title": "Did the US Treasury Just Blink?", "date": "2026-08-23", "url": "https://www.jameslavish.com/p/did-the-us-treasury-just-blink"}}, "extras": {"quarter": "2026Q3", "count": 18, "liquidity_support": "42000000000.00", "cash_management": "25000000000.00", "window_start": "2026-07-01", "window_end": "2026-09-29", "previous_quarter_total": "106000000000.00", "completed": 16}, "explainer": {"title": "Did the US Treasury Just Blink?", "date": "2026-08-23", "url": "https://www.jameslavish.com/p/did-the-us-treasury-just-blink"}, "references": [], "sparkline": [], "sparkline_days": 365, "computed_at": "2026-09-22T17:16:22", "stated_by": null, "calm_band": null, "zero_band": null, "metric": "sum(MaximumPurchaseAmountDollars) over the current calendar window; split liquidity_support / cash_management", "history": [], "history_series": null, "companion_history": [], "state_changes": [{"on": "2026-09-17", "from": "unknown", "to": "tracking", "value": "64250000000.000000", "note": "16 operations scheduled 1 Jul–17 Sep 2026 with caps totalling $64.3 B ($39 B liquidity support, $25 B cash management)."}], "state_history": [{"as_of": "2026-09-17", "state": "tracking", "value": "64250000000.00"}, {"as_of": "2026-09-22", "state": "tracking", "value": "67000000000.00"}]}