TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 30, 3:29 PM EST
Kalshi
Multiple markets track whether the 10-year US Treasury yield will exceed various threshold levels at month-end, ranging from 4.45% to 4.70%. These markets collectively assess expectations around medium-term US government borrowing costs and economic outlook.
Resolution is determined by the 10-year US Treasury yield measured at month-end. Each outcome corresponds to a specific yield threshold: the market resolves Yes if the yield exceeds 4.45%, 4.50%, 4.55%, 4.65%, or 4.70% respectively. The highest threshold that the yield surpasses determines which outcomes resolve affirmatively.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the 10Y Treasury yield at month-end is priced as a binary or range-based contract where traders buy or sell shares representing specific yield outcomes. Each contract reflects the market's collective belief about where the yield will settle. Prices move continuously as new information arrives—such as inflation reports, employment data, or Fed communications—and traders adjust positions accordingly. The contract price directly translates to implied probability, allowing participants to express directional views on whether yields will rise, fall, or remain within a particular band by month-end.
The market resolves on Jul 7, 2026, at which point the final 10-year US Treasury yield value is determined and compared against the contract terms. Resolution occurs after the official month-end close, when the yield figure is locked in from authoritative financial data sources. The outcome is binary or range-based depending on contract design, and all positions settle according to whether the actual yield falls above, below, or within the specified threshold. Traders holding the correct outcome receive their payout, while incorrect positions expire worthless.
Major economic data releases—including Consumer Price Index, Producer Price Index, employment reports, and retail sales—directly influence 10Y yield expectations. Federal Reserve communications, interest rate decisions, and forward guidance reshape long-term rate expectations. Geopolitical events, inflation surprises, and shifts in global capital flows can trigger rapid yield swings. Corporate earnings and recession signals also matter, as they affect risk appetite and safe-haven demand for Treasuries. Additionally, technical levels, options expiration dates, and year-end portfolio rebalancing can create volatility. Traders monitor all these catalysts to adjust positions ahead of month-end settlement.