Market Pulse — August 25, 2026
Effective Fed Funds Rate: 3.63% (+0 bps)
As of Aug 21, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).
Secured Overnight Financing Rate: 3.65% (+2 bps)
As of Aug 21, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).
10-Yr Treasury Yield: 4.74% (+5 bps)
As of Aug 21, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).
Bank Prime Loan Rate: 6.75% (+0 bps)
As of Aug 20, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).
Investment Grade Spread (ICE BofA OAS): 81 bps (-1 bps)
As of Aug 21, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).
High Yield Spread (ICE BofA OAS): 270 bps (-5 bps)
As of Aug 21, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).
C&I Loan Delinquency Rate: 1.34% (+0 bps QoQ)
As of Q1 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).
C&I Loan Charge-Off Rate: 0.59% (+3 bps QoQ)
As of Q1 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).