Market Pulse — October 2, 2026

2026-10-02

1. Effective Fed Funds Rate: 3.88% (+0 bps)

   As of Sep 30, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

2. Secured Overnight Financing Rate: 3.90% (+2 bps)

   As of Sep 30, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

3. 10-Yr Treasury Yield: 5.29% (+3 bps)

   As of Sep 30, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

4. Bank Prime Loan Rate: 7.00% (+0 bps)

   As of Sep 30, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

5. Investment Grade Spread (ICE BofA OAS): 84 bps (+0 bps)

   As of Sep 30, 2026. Source: FRED, Federal Reserve Bank of St. Louis (Board of Governors; ICE BofA).

6. High Yield Spread (ICE BofA OAS): 312 bps (+4 bps)

   As of Sep 30, 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).