TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 6, 3:30 PM EST
Kalshi
These markets track the par yield of 10-year U.S. Treasury bonds on July 6, 2026. The 10-year Treasury is a benchmark for medium-term interest rates and influences mortgage rates, corporate borrowing costs, and broader economic expectations.
Each market resolves based on whether the par yield for the 10-year U.S. Treasury exceeds a specific threshold on July 6, 2026. The thresholds range across multiple price points, with each market resolving to Yes if the yield surpasses its designated level (4.29%, 4.34%, 4.39%, 4.44%, 4.49%, 4.54%, 4.59%, 4.64%, or 4.69%). All markets expire at the earlier of 7:00 PM ET on the first day following the official data release for July 6, 2026, or one week after July 6, 2026. Resolution uses the official par yield figure published for that date.
Prediction market odds often diverge from traditional analyst forecasts because traders incorporate real-time information and face direct financial incentives for accuracy. While economists and strategists publish periodic yield forecasts based on models and historical patterns, this market aggregates the collective judgment of participants betting actual capital on the outcome. Comparing the implied odds here to published analyst consensus can reveal where the market expects surprises or where conventional wisdom may be underpricing certain scenarios. Both sources offer value: analysts provide detailed reasoning, while prediction markets distill that reasoning into a single probability estimate.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different yield outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share reflects a specific yield range or point estimate, and the market price of those shares determines the implied probability of that outcome. As new trades execute, prices update in real time, allowing the odds to shift with breaking economic data, Fed communications, or changes in market expectations. Liquidity and trading volume directly influence how tightly prices are bid and how quickly they respond to new information.
This market resolves around Jul 6, 2026, with the outcome confirmed once the 10-year Treasury yield is verifiable from credible public sources. On that date, the actual yield will be measured and compared against the prediction ranges offered in this market. Whichever outcome bracket or point estimate matches the official yield determines the winner. Traders should monitor Treasury market data and official announcements leading up to resolution to refine their positions.
Federal Reserve policy decisions and forward guidance are primary drivers of Treasury yield expectations, so any shift in rate-hike or rate-cut signals can trigger sharp moves. Inflation data, employment reports, and GDP growth figures also influence this market significantly, as they shape expectations for monetary policy. Geopolitical events, credit market stress, or changes in global demand for US Treasuries can push yields higher or lower. Additionally, shifts in market inflation expectations, real yields, or term premiums will be reflected in trader positioning as the resolution date approaches.