2026-10-23 ยท data through 2026-10-24
Week of Oct 23: WTI crude, spot (EIA) up 13.1% to $107.89/bbl, 10-year minus 2-year down 0.04 pts to 0.31%, 10-year Treasury down 0.14 pts to 4.96%
Week ending October 23, 2026. The biggest moves: WTI crude, spot (EIA) up 13.1% to $107.89/bbl, 10-year minus 2-year down 0.04 pts to 0.31%, 10-year Treasury down 0.14 pts to 4.96%.
| What | Now | Week ago | Change | Month ago |
|---|---|---|---|---|
| 30-year mortgage (2026-10-22) | 7.32% | 7.40% | -0.08 pts | 6.95% |
| 10-year Treasury (2026-10-22) | 4.96% | 5.10% | -0.14 pts | 4.96% |
| Fed funds, effective (2026-10-22) | 3.88% | 3.88% | +0.00 pts | 3.88% |
| WTI crude, spot (EIA) (2026-10-20) | $107.89/bbl | $95.39/bbl | +13.1% | $101.44/bbl |
| Regular gas, U.S. average (2026-10-19) | $4.28/gal | $4.33/gal | -1.1% | $4.32/gal |
| S&P 500 (2026-10-21) | 7,757.17 | 7,718.94 | +0.5% | 7,764.70 |
| 10-year minus 2-year (2026-10-23) | 0.31% | 0.35% | -0.04 pts | 0.26% |
| 2-year Treasury (2026-10-22) | 4.65% | 4.77% | -0.12 pts | 4.71% |
| Prime rate (2026-10-21) | 7.00% | 7.00% | +0.00 pts | 7.00% |
- WTI crude, spot (EIA): Oil moves on OPEC+ supply decisions, inventories and the dollar; gasoline follows with a one-to-two-week lag.
- 10-year minus 2-year: The 10-year minus 2-year spread. Positive and widening means the market expects growth; inverted has preceded every recent recession.
- 10-year Treasury: The 10-year moves on inflation expectations and Treasury supply; it sets mortgage and corporate borrowing costs.
Sources: FRED DCOILWTICO, FRED DFF, FRED DGS10, FRED DGS2, FRED DPRIME, FRED GASREGW, FRED MORTGAGE30US, FRED SP500, FRED T10Y2Y. Dates in parentheses are the last data point for each series.