Daily brief: September 11, 2026
6 releases in the September 11, 2026 editor's cut: CPI-U rose 0.4 percent in August; 12-month rate held at 3.4 percent; Household net worth rose $12.8 trillion to $195.9 trillion in Q2; August budget deficit was $166.797 billion; FY2026 through August $1.966 trillion; and 3 more. Each has its own page. 1 further item below.
On their own pages
- CPI-U rose 0.4 percent in August; 12-month rate held at 3.4 percent
- Household net worth rose $12.8 trillion to $195.9 trillion in Q2
The Federal Reserve's Financial Accounts said household and nonprofit net worth increased $12.8 trillion to $195.9 trillion in the second quarter. The net-worth-to-disposable-income ratio printed a record 8.28. Held equities increased $10.7 trillion and real estate increased $1.1 trillion. Household debt increased 5.0 percent at a seasonally adjusted annual rate to $21.4 trillion, with the debt-to-income ratio at 0.90. Mortgage debt was $14.0 trillion and consumer credit $5.1 trillion. Domestic nonfinancial business debt expanded 4.6 percent to $24.0 trillion. Federal government debt grew 5.2 percent to $34.9 trillion. State and local government debt grew 9.1 percent to $3.8 trillion. Total domestic nonfinancial debt expanded 5.2 percent to $84.1 trillion; the ratio to GDP was 2.59.
- August budget deficit was $166.797 billion; FY2026 through August $1.966 trillion
- H.8: bank loans grew 8.8 percent in August; C&I loans jumped 18.8 percent
The Federal Reserve's H.8 release said commercial-bank loans and leases grew 8.8 percent at a break-adjusted, seasonally adjusted annual rate in August, after 3.8 percent in July. Commercial and industrial loans grew 18.8 percent in August after falling 2.4 percent in July. Bank credit grew 4.8 percent after 5.5 percent. Deposits grew 8.0 percent after 3.2 percent. For the week ended September 2, seasonally adjusted bank credit was $19,835.3 billion, compared with $19,830.7 billion in the week ended August 26. Loans and leases were $14,028.3 billion, compared with $14,034.8 billion. Commercial and industrial loans were $2,965.1 billion, compared with $2,956.0 billion. Deposits were $19,565.9 billion. These are Board H.8 figures published today.
- Michigan preliminary September sentiment was 47.8, down from 51.7
The University of Michigan Surveys of Consumers preliminary September reading of the Index of Consumer Sentiment was 47.8, down from 51.7 in August and 55.1 in September 2025, a 7.5 percent decline on the month and 13.2 percent from a year earlier. Current economic conditions were 50.9 after 51.9. The index of consumer expectations was 45.8 after 51.5. Survey director Joanne Hsu said year-ahead inflation expectations jumped from 4.0 percent last month to 4.6 percent, the highest reading since June, and long-run inflation expectations ticked up to 3.4 percent after three months at 3.3 percent.
- Real average hourly earnings fell 0.1 percent in August
Treasury par curve: 10-year at 4.96 percent, 2-year at 4.63 percent on September 11
The Treasury Department's daily par yield curve for September 11 listed the 2-year note at 4.63 percent, the 5-year note at 4.78 percent, the 10-year note at 4.96 percent, and the 30-year bond at 5.35 percent. Those compare with September 10 closes of 4.56 percent, 4.75 percent, 4.95 percent, and 5.37 percent. The 10-year rise of 1 basis point is below the 10-basis-point move bar the site uses for a must-file on that series alone. The 2-year rose 7 basis points.
- 2-year Treasury yield
- 4.63%
- 5-year Treasury yield
- 4.78%
- 10-year Treasury yield
- 4.96%
- 30-year Treasury yield
- 5.35%
Source: Daily Treasury Par Yield Curve Rates, September 2026 — U.S. Department of the Treasury.
all 4 figures found at the source
- found 2-year Treasury yield = 4.63% — at U.S. Department of the Treasury
- found 5-year Treasury yield = 4.78% — at U.S. Department of the Treasury
- found 10-year Treasury yield = 4.96% — at U.S. Department of the Treasury
- found 30-year Treasury yield = 5.35% — at U.S. Department of the Treasury
Items report what the named sources published in the window; they are not this site's own findings, and a source's framing is not a verdict on who owns the money supply. Figures are as those sources printed them. The methodology says how this page is made and what is checked.