Commercial & land desk · September 5, 2026
The next official 10-year session is Tuesday
Last updated:
Saturday’s CRE note is about the next session, not about inventing a close. U.S. Treasury does not publish a weekend daily yield curve. Labor Day is Monday, September 7, so the next official 10-year CMT session is Tuesday. This site’s last named close is 4.73% on August 28. A brochure residual that only works if Tuesday opens 40 basis points lower is still a hope trade through the holiday.
What number should a holiday-weekend bid package use?
Use 4.73% as the last official 10-year CMT this desk has cited, plus a spread a lender will actually fund. Do not use a Saturday chat-room yield. Do not use a residential teaser. The last cited daily 30-year of 6.81% as of August 28 is analog pressure on housing-adjacent assets, not a construction coupon.
Friday’s labor print was on the calendar. This site has not cited August payrolls or a newer CMT close after that release. Recut land and permanent proceeds after Tuesday’s named curve, not after a rumor.
What this desk will not fill in while markets are closed
This desk will not invent office occupancy for a named city, a private cap-rate survey, or a construction-loan term sheet. August flash PMI at 56 remains a goods-activity read, not takeout. Public REIT filings and the Fed SLOOS remain the places for named credit facts when they publish.
Draws on a closed construction loan still follow the documents, as Friday’s note said. The holiday changes the Treasury calendar. It does not pause interest reserves.
FAQ
Is there a Saturday or Labor Day 10-year CMT print?
No. The last official 10-year CMT this site has cited is 4.73% on August 28, 2026. The next official session after this weekend is Tuesday, September 8.
Does Fast Home Loan Daily arrange holiday-weekend CRE takeout?
No. This publication does not originate construction, permanent, or land loans.
Sources: U.S. Treasury daily yield curve (10-year CMT 4.73% on August 28, 2026; no weekend close); August 30 rate note calendar (Labor Day Monday, September 7, 2026); S&P Global flash PMI (as reported on the August 24 lending note) (August flash PMI 56); Mortgage News Daily daily rate index (30-year analog 6.81% as of August 28, 2026).