Interest rates · 4 series

Interest rate forecasts

Forecasts for 4 US interest rates, 3, 6 and 12 months ahead, each with a median and an 80% range. Updated Oct 8, 2026 from Federal Reserve and FRED data.

Highest projected 12-month change: US 10-year TIPS real yield (+0.32 pp). Lowest projected 12-month change: US 10-year Treasury yield (−0.12 pp). Filter by region, direction and size of the move below.

4 of 4 series shown

SeriesLatestIn 3 moIn 6 moIn 12 moChange80% rangeChart
Fed funds rateFed funds rateFed funds rate% per year, monthly average3.75%Sep 20263.75%Sep 20263.75%Sep 20263.93%3-month forecast3.90%6-month forecast3.70%12-month forecast▲ +0.18 pp▲ +0.15 pp▼ −0.05 pp3.49% – 4.33%3.17% – 4.57%2.48% – 4.86%
US 10-year TIPS real yieldUS 10-year TIPS real yieldUS 10-year TIPS real yield% per year2.90%Sep 28, 20262.90%Sep 28, 20262.90%Sep 28, 20263.00%3-month forecast3.12%6-month forecast3.22%12-month forecast▲ +0.10 pp▲ +0.22 pp▲ +0.32 pp2.42% – 3.75%2.22% – 4.32%1.64% – 4.98%
US 10-year Treasury yieldUS 10-year Treasury yieldUS 10-year Treasury yield% per year5.17%Sep 25, 20265.17%Sep 25, 20265.17%Sep 25, 20265.14%3-month forecast5.09%6-month forecast5.05%12-month forecast▼ −0.03 pp▼ −0.08 pp▼ −0.12 pp4.60% – 5.75%4.37% – 6.01%3.92% – 6.36%
US 2-year Treasury yieldUS 2-year Treasury yieldUS 2-year Treasury yield% per year4.81%Sep 25, 20264.81%Sep 25, 20264.81%Sep 25, 20264.80%3-month forecast4.78%6-month forecast4.74%12-month forecast▼ −0.01 pp▼ −0.03 pp▼ −0.07 pp4.04% – 5.45%3.80% – 5.68%3.50% – 6.10%

Change is measured from the latest value.

Statistical model, not financial advice. Medians and 80% ranges from TimesFM 2.5 on public data. Outcomes land outside the range about one time in five. How we test it.

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