An independent publication

Vol. I, No. 13 Afternoon 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 2, 2026

Published · Updated

In the week from Sep 28, 2026 to Oct 2, 2026, the effective federal funds rate was 3.88% on Oct 2, 2026, the 10-year Treasury par yield was 5.28% on Oct 2, 2026, and the 30-year mortgage rate was 7.28% on Oct 1, 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 2, 2026, the same as the 3.88% print on Sep 25, 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%
3.88%

10-year Treasury yield this week

The Treasury’s 10-year par yield was 5.28% on Oct 2, 2026, higher than the 5.17% print on Sep 25, 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
5.24%
5.26%
5.29%
5.24%
5.28%

Mortgage rates this week

Freddie Mac’s weekly average for a 30-year fixed-rate mortgage was 7.28% on Oct 1, 2026, higher than the 7.03% survey on Sep 24, 2026. The 15-year average was 6.60% on Oct 1, 2026, higher than the 6.42% survey on Sep 24, 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.