New Findings What is the central question of this study?What is the effect and mechanism of interval running training on age‐related muscle wasting and bone loss in an ovariectomized rat model? What is the main finding and its importance?Interval running training improved muscle growth and osteogenic differentiation by enhancing the expression of bone morphogenic proteins and sirtuins in ageing‐induced ovariectomized rats. Therefore, the repetition of low and high intensities within a single exercise bout, such as interval running training, may be recommended as a practical intervention to prevent skeletal muscle wasting and bone loss in the elderly. Abstract Effective prophylactic strategies are needed for the suppression of age‐related muscle wasting and bone loss after menopause. Exercise training is attractive due to its potential for improving energy metabolism, as well as age‐related muscle wasting and bone loss. In particular, interval running (IR) training involves a repetition of low and high intensities within a single exercise bout. Therefore, this study elucidated the effect of interval training on muscle and bone health, as well as anti‐ageing, in ovariectomized (OVX) rats. The anti‐ageing effect of IR on muscle and bone was tested using western blotting and micro‐computed tomography analysis, tartrate‐resistant acid phosphatase and immunohistochemical staining. IR significantly inhibited the expression of inflammatory molecules, and improved antioxidant activity via down‐regulation of mitogen‐activated protein kinases (MAPKs) in the ageing‐induced OVX rats skeletal muscle. IR compared with continuous running (CR) improved muscle mass and growth in OVX rats by the promotion of muscle growth‐related factors including MyoD, myogenin, phospho‐mechanistic target of rapamycin (p‐mTOR), sirtuins (SIRTs), and bone morphogenic proteins (BMPs). IR also effectively recovered OVX‐induced bone loss via the down‐regulation of bone resorption and osteoclast formation in receptor activator of nuclear factor κB ligand (RANKL)‐treated bone marrowmacrophages (BMMs). In particular, IR led to high expression of SIRT1 and 6, which promoted osteogenic differentiation and bone formation via modulating the BMP signalling pathway compared with CR training. The in vivo effect of IR was confirmed by immunohistochemical staining with the improvement of bone formation molecules such as BMPs and SIRTs. These results suggested that IR training affected myogenic and osteogenic formation. So, IR training may be considered for prevention of muscle wasting and bone loss for the elderly.