Treasury
3-MO 4.28% unch 6-MO 4.35% -2bp 1-YR 4.49% -4bp 2-YR 4.77% -5bp 3-YR 4.85% -7bp 5-YR 4.91% -9bp 7-YR 5.00% -9bp 10-YR 5.10% -9bp 20-YR 5.48% -9bp 30-YR 5.43% -9bp 3-MO 4.28% unch 6-MO 4.35% -2bp 1-YR 4.49% -4bp 2-YR 4.77% -5bp 3-YR 4.85% -7bp 5-YR 4.91% -9bp 7-YR 5.00% -9bp 10-YR 5.10% -9bp 20-YR 5.48% -9bp 30-YR 5.43% -9bp 3-MO 4.28% unch 6-MO 4.35% -2bp 1-YR 4.49% -4bp 2-YR 4.77% -5bp 3-YR 4.85% -7bp 5-YR 4.91% -9bp 7-YR 5.00% -9bp 10-YR 5.10% -9bp 20-YR 5.48% -9bp 30-YR 5.43% -9bp 3-MO 4.28% unch 6-MO 4.35% -2bp 1-YR 4.49% -4bp 2-YR 4.77% -5bp 3-YR 4.85% -7bp 5-YR 4.91% -9bp 7-YR 5.00% -9bp 10-YR 5.10% -9bp 20-YR 5.48% -9bp 30-YR 5.43% -9bp 3-MO 4.28% unch 6-MO 4.35% -2bp 1-YR 4.49% -4bp 2-YR 4.77% -5bp 3-YR 4.85% -7bp 5-YR 4.91% -9bp 7-YR 5.00% -9bp 10-YR 5.10% -9bp 20-YR 5.48% -9bp 30-YR 5.43% -9bp 3-MO 4.28% unch 6-MO 4.35% -2bp 1-YR 4.49% -4bp 2-YR 4.77% -5bp 3-YR 4.85% -7bp 5-YR 4.91% -9bp 7-YR 5.00% -9bp 10-YR 5.10% -9bp 20-YR 5.48% -9bp 30-YR 5.43% -9bp
US Treasury par yield curve · Oct 15 · Source: U.S. Treasury
Friday, October 16, 2026
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Model licensing

Meta releases Muse Spark Open with commercial licensing conditions

Money & World
The Editorial Team ·
The entrance to Meta headquarters in Menlo Park, with the Meta sign beside the road, photographed in March 2022.
Meta headquarters in Menlo Park, March 2022. Photo: LPS.1 / Wikimedia Commons (CC0, cropped)

Meta released downloadable weights for Muse Spark Open on October 15, describing an AI model with 816 billion total parameters in its announcement.

The license has commercial conditions. Its model-as-a-service clause requires providers to notify Meta and enter a separate agreement before offering the model if their gross revenue, combined with affiliates, exceeds $20m in any consecutive 12 months.

That clause excludes internal use and businesses using the model to power features of their own products without offering models as a service. The license also requires attribution in products or accompanying materials.

Meta says the model can run locally using two Apple Mac Studio computers with M5 Ultra chips. Hosted access is also available through partner platforms.

Photograph: LPS.1 / Wikimedia Commons, CC0. Cropped.

The document: Meta, Introducing Muse Spark Open, October 15, 2026.

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