An independent publication

Vol. I, No. 22 Morning Edition

The Fed Gazette

A civic journal of money and credit

Live Federal Reserve rates, FOMC decisions, speeches, and Treasury data, with every figure copied from the agency that published it.

Weekly recap

Weekly Fed Recap: Rates, Yields and Speeches, Week ending Oct 16, 2026

Published · Updated

In the week from Oct 12, 2026 to Oct 16, 2026, the effective federal funds rate was 3.88% on Oct 16, 2026, the 10-year Treasury par yield was 5.09% on Oct 16, 2026, and the 30-year mortgage rate was 7.40% on Oct 15, 2026. Each figure is copied from the office that published it.

Source: Federal Reserve Bank of New York, Markets Data API, effective federal funds rate; U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates, 10 Yr; Freddie Mac (Primary Mortgage Market Survey), via GOVSPENDING.ORG; Federal Reserve Board, press-release feed.

A recap of what the Federal Reserve, the New York Fed, the Treasury and Freddie Mac published from Monday to Friday. It reports what the sources printed and compares a print only with an earlier stored print. It carries no forecast and no opinion.

Federal funds rate this week

The effective federal funds rate was 3.88% on Oct 16, 2026, the same as the 3.88% print on Oct 9, 2026. The New York Fed’s record for that day lists a target range of 3.75% to 4.00%. The effective federal funds rate is the rate banks paid one another for overnight loans, as the New York Fed measured it.

DateEffective federal funds rate
3.88%
3.88%
3.88%
3.88%

10-year Treasury yield this week

The Treasury’s 10-year par yield was 5.09% on Oct 16, 2026, lower than the 5.24% print on Oct 9, 2026. A par yield is what a Treasury security would pay if it sold at face value. See the 10-year Treasury yield page for the long chart.

Date10-year par yield
5.21%
5.19%
5.10%
5.09%

Mortgage rates this week

Freddie Mac’s weekly average for a 30-year fixed-rate mortgage was 7.40% on Oct 15, 2026, the same as the 7.40% survey on Oct 8, 2026. The 15-year average was 6.71% on Oct 15, 2026, lower than the 6.73% survey on Oct 8, 2026. The survey is Freddie Mac’s, relayed by GOVSPENDING.ORG. See mortgage rates for the charts.

Board press releases this week

These are the press releases on the Board’s feed dated this week, newest first. Each title is printed as the Board published it.

Fed speeches this week

These are the speeches on the Board’s feed and the Reserve Bank speech lists dated this week. A Board title opens with the speaker’s surname. This page does not summarize a speech or say what an official meant.

Frequently asked questions

What does the weekly Fed recap for the week ending Oct 16, 2026 cover?

It covers Oct 12, 2026 to Oct 16, 2026: federal funds rate, 10-year Treasury yield, mortgage rates, Board press releases, Fed speeches. A section is left off when its source was missing. Sources: Federal Reserve Bank of New York, Markets Data API, effective federal funds rate; U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates, 10 Yr; Freddie Mac (Primary Mortgage Market Survey), via GOVSPENDING.ORG; Federal Reserve Board, press-release feed.

What were the federal funds rate, Treasury yield and mortgage rate in the week ending Oct 16, 2026?

In the week from Oct 12, 2026 to Oct 16, 2026, the effective federal funds rate was 3.88% on Oct 16, 2026, the 10-year Treasury par yield was 5.09% on Oct 16, 2026, and the 30-year mortgage rate was 7.40% on Oct 15, 2026. Each figure is copied from the office that published it.

Does the weekly Fed recap compare or forecast figures?

It compares a print only with the last print of the week before: higher, lower, or the same, with both values and their dates. It carries no forecast and no opinion.

Why does an older recap list few press releases or speeches?

Press releases and speeches come from the current Board and Reserve Bank feeds, so an older week shows only the items still on those feeds.

Is the Fed Gazette part of the Federal Reserve?

The Fed Gazette is independent and is not affiliated with the Federal Reserve System, the Board of Governors, or any Federal Reserve Bank.