diff --git a/tests/test_fred.py b/tests/test_fred.py
index 2a03f6456..a4ffbd213 100644
--- a/tests/test_fred.py
+++ b/tests/test_fred.py
@@ -151,22 +151,46 @@ class FredFormattingTests(unittest.TestCase):
         self.assertEqual(obs_params["observation_start"], "2025-07-02")  # 90d back
 
     def test_requests_pin_the_data_vintage(self):
-        # #1275: both the metadata and observations requests must set
-        # realtime_start=realtime_end=curr_date, or FRED serves the latest
-        # revision and revision-prone series leak future information.
+        # #1275: both the metadata and observations requests must pin the vintage
+        # to curr_date (clamped to FRED's today), or FRED serves the latest
+        # revision and revision-prone series leak future information. A past
+        # curr_date sits below FRED's today, so it pins through unchanged.
         captured = {}
 
         def _capture(path, params):
             captured[path] = params
             return _META if path == "series" else _OBS
 
-        with mock.patch.object(fred, "_request", side_effect=_capture):
+        with mock.patch.object(fred, "_fred_today", return_value="2026-01-01"), \
+                mock.patch.object(fred, "_request", side_effect=_capture):
             fred.get_macro_data("cpi", "2025-09-30", 90)
 
         for path in ("series", "series/observations"):
             self.assertEqual(captured[path]["realtime_start"], "2025-09-30", path)
             self.assertEqual(captured[path]["realtime_end"], "2025-09-30", path)
 
+    def test_future_curr_date_clamps_vintage_to_fred_today(self):
+        # #1275 regression: on a live run curr_date is the caller's LOCAL date,
+        # which can be a day ahead of FRED's US-Central clock. Pinning the vintage
+        # to that future date 400s, and the routing layer then drops macro data
+        # silently. The pin must clamp to FRED's today; the observation window
+        # (future bars can't exist yet) stays at curr_date.
+        captured = {}
+
+        def _capture(path, params):
+            captured[path] = params
+            return _META if path == "series" else _OBS
+
+        with mock.patch.object(fred, "_fred_today", return_value="2026-08-31"), \
+                mock.patch.object(fred, "_request", side_effect=_capture):
+            fred.get_macro_data("cpi", "2026-09-01", 90)  # local a day ahead of Chicago
+
+        for path in ("series", "series/observations"):
+            self.assertEqual(captured[path]["realtime_start"], "2026-08-31", path)
+            self.assertEqual(captured[path]["realtime_end"], "2026-08-31", path)
+        # the observation window still tracks curr_date, not the clamped vintage
+        self.assertEqual(captured["series/observations"]["observation_end"], "2026-09-01")
+
 
 @pytest.mark.unit
 class FredRoutingTests(unittest.TestCase):
diff --git a/tradingagents/dataflows/fred.py b/tradingagents/dataflows/fred.py
index 38ab7d340..98f1827b6 100644
--- a/tradingagents/dataflows/fred.py
+++ b/tradingagents/dataflows/fred.py
@@ -12,6 +12,7 @@ import logging
 import os
 from datetime import datetime, timedelta
 
+import pytz
 import requests
 
 from .errors import VendorNotConfiguredError
@@ -20,6 +21,12 @@ logger = logging.getLogger(__name__)
 
 FRED_API_BASE = "https://api.stlouisfed.org/fred"
 
+# FRED's realtime clock runs on US Central (St. Louis Fed). It rejects a
+# realtime date in its own future with a 400, so the vintage pin is clamped to
+# this rather than the caller's local date (#1275). pytz (already a dependency)
+# bundles its own tz database, so this works where system tzdata is absent.
+FRED_TZ = pytz.timezone("America/Chicago")
+
 # Network timeout (seconds) so a stalled request can't hang the agents,
 # mirroring the Alpha Vantage client.
 REQUEST_TIMEOUT = 30
@@ -115,6 +122,16 @@ def _resolve_series_id(indicator: str) -> str:
     return candidate
 
 
+def _fred_today() -> str:
+    """FRED's current calendar date (US Central) as ``yyyy-mm-dd``.
+
+    The vintage pin is clamped to this: FRED rejects a ``realtime_start`` after
+    its own today with a 400, and ``curr_date`` on a live run comes from the
+    caller's local clock, which can already be tomorrow in Chicago.
+    """
+    return datetime.now(FRED_TZ).strftime("%Y-%m-%d")
+
+
 def _request(path: str, params: dict) -> dict:
     """GET a FRED endpoint, surfacing FRED's JSON error body on a bad request."""
     api_params = {**params, "api_key": get_api_key(), "file_type": "json"}
@@ -144,11 +161,11 @@ def get_macro_data(
         indicator: A friendly alias (e.g. "cpi", "unemployment", "10y_treasury")
             or a raw FRED series ID (e.g. "CPIAUCSL", "DGS10").
         curr_date: The as-of date (yyyy-mm-dd). It bounds the observation window
-            AND pins the data vintage: FRED is queried with
-            ``realtime_start = realtime_end = curr_date`` so a historical run sees
-            the values that were actually published by that date, not later
-            revisions. Without this, revision-prone series (CPI, GDP, ...) would
-            leak future information into a backtest (#1275).
+            AND pins the data vintage: FRED is queried with the realtime bounds
+            set to ``curr_date`` (clamped to FRED's own today) so a historical
+            run sees the values that were actually published by that date, not
+            later revisions. Without this, revision-prone series (CPI, GDP, ...)
+            would leak future information into a backtest (#1275).
         look_back_days: Trailing window length; ``None`` uses DEFAULT_LOOKBACK_DAYS.
 
     Returns:
@@ -161,11 +178,16 @@ def get_macro_data(
     end_dt = datetime.strptime(curr_date, "%Y-%m-%d")
     start_date = (end_dt - timedelta(days=look_back_days)).strftime("%Y-%m-%d")
 
-    # Pin the data vintage to curr_date. FRED defaults both realtime bounds to
-    # today, which serves the LATEST revision of every observation; a single-day
-    # realtime interval asks for the values known as of curr_date instead. This
-    # is applied to both the metadata and observations requests (#1275).
-    realtime = {"realtime_start": curr_date, "realtime_end": curr_date}
+    # Pin the data vintage. FRED defaults both realtime bounds to today, serving
+    # the LATEST revision of every observation; a single-day realtime interval
+    # asks for the values known as of the pin instead, on both the metadata and
+    # observations requests (#1275). Clamp to FRED's today: on a live run
+    # curr_date is the caller's local date, which can be a day ahead of Chicago,
+    # and a realtime date in FRED's future 400s -> the routing layer would then
+    # drop macro data silently. A past curr_date is unaffected, so historical
+    # point-in-time behaviour is preserved.
+    pit = min(curr_date, _fred_today())
+    realtime = {"realtime_start": pit, "realtime_end": pit}
 
     # Invalid LLM-supplied indicator: return guidance rather than raising, so a
     # bad argument doesn't abort the run (the routing layer also degrades macro
@@ -215,8 +237,10 @@ def get_macro_data(
 
     if not points:
         return header + (
-            f"\nNo observations for {series_id} in this window. The series may "
-            f"report less frequently than the window length; widen look_back_days."
+            f"\nNo observations for {series_id} in this window at the {pit} "
+            f"vintage. The series may report less frequently than the window "
+            f"(try a longer look_back_days), or have no vintage published by "
+            f"then (unpublished as of {pit}, or before ALFRED coverage begins)."
         )
 
     first_date, first_val = points[0]