BELLINGS

Market Pulse — September 9, 2026

  1. Effective Fed Funds Rate: 3.63% (+0 bps)

    As of Sep 7, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

  2. Secured Overnight Financing Rate: 3.65% (-1 bps)

    As of Sep 4, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

  3. 10-Yr Treasury Yield: 4.78% (+1 bps)

    As of Sep 4, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

  4. Bank Prime Loan Rate: 6.75% (+0 bps)

    As of Sep 2, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

  5. Investment Grade Spread (ICE BofA OAS): 81 bps (+0 bps)

    As of Sep 7, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

  6. High Yield Spread (ICE BofA OAS): 268 bps (+0 bps)

    As of Sep 7, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

  7. C&I Loan Delinquency Rate: 1.27% (-6 bps QoQ)

    As of Q2 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

  8. C&I Loan Charge-Off Rate: 0.58% (-1 bps QoQ)

    As of Q2 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

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