diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 7bb60422004..c7e6aad61e9 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.8.6
+current_version = 1.8.7
 parse = (?P<major>[\d]+) # major version number
 	\.(?P<minor>[\d]+) # minor version number
 	\.(?P<patch>[\d]+) # patch version number
diff --git a/.changes/1.8.7.md b/.changes/1.8.7.md
new file mode 100644
index 00000000000..7ec5cefce76
--- /dev/null
+++ b/.changes/1.8.7.md
@@ -0,0 +1,5 @@
+## dbt-core 1.8.7 - September 24, 2024
+
+### Features
+
+- Add support for behavior flags ([#10618](https://github.com/dbt-labs/dbt-core/issues/10618))
diff --git a/.changes/unreleased/Features-20240829-135320.yaml b/.changes/unreleased/Features-20240829-135320.yaml
deleted file mode 100644
index c7f5cf9d8b4..00000000000
--- a/.changes/unreleased/Features-20240829-135320.yaml
+++ /dev/null
@@ -1,6 +0,0 @@
-kind: Features
-body: Add support for behavior flags
-time: 2024-08-29T13:53:20.16122-04:00
-custom:
-  Author: mikealfare
-  Issue: "10618"
diff --git a/CHANGELOG.md b/CHANGELOG.md
index a5aade1249d..0f02afc0666 100755
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,14 @@
 - "Breaking changes" listed under a version may require action from end users or external maintainers when upgrading to that version.
 - Do not edit this file directly. This file is auto-generated using [changie](https://github.com/miniscruff/changie). For details on how to document a change, see [the contributing guide](https://github.com/dbt-labs/dbt-core/blob/main/CONTRIBUTING.md#adding-changelog-entry)
 
+## dbt-core 1.8.7 - September 24, 2024
+
+### Features
+
+- Add support for behavior flags ([#10618](https://github.com/dbt-labs/dbt-core/issues/10618))
+
+
+
 ## dbt-core 1.8.6 - August 29, 2024
 
 ### Fixes
@@ -18,7 +26,6 @@
 ### Contributors
 - [@ttusing](https://github.com/ttusing) ([#10434](https://github.com/dbt-labs/dbt-core/issues/10434))
 
-
 ## dbt-core 1.8.5 - August 07, 2024
 
 ### Fixes
diff --git a/core/dbt/version.py b/core/dbt/version.py
index 4d2b3781baf..6665c78fde4 100644
--- a/core/dbt/version.py
+++ b/core/dbt/version.py
@@ -229,5 +229,5 @@ def _get_adapter_plugin_names() -> Iterator[str]:
             yield plugin_name
 
 
-__version__ = "1.8.6"
+__version__ = "1.8.7"
 installed = get_installed_version()
diff --git a/core/setup.py b/core/setup.py
index 5bac5ac9489..270c6ed89b4 100644
--- a/core/setup.py
+++ b/core/setup.py
@@ -25,7 +25,7 @@
 
 
 package_name = "dbt-core"
-package_version = "1.8.6"
+package_version = "1.8.7"
 description = """With dbt, data analysts and engineers can build analytics \
 the way engineers build applications."""