TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 28, 3:30 PM EST
Kalshi
This set of markets tracks potential movements in the yield of two-year U.S. Treasury notes by setting various threshold levels. Each market assesses whether the yield surpasses a specific benchmark on a set date, reflecting expectations about interest rate changes and broader economic conditions.
All markets resolve based on the par yield of the 2-Year U.S. Treasury as of August 28, 2026. Each market has a distinct threshold, and if the yield exceeds the specified level, the market resolves to Yes; otherwise, it resolves to No. Expiration occurs at the sooner of two times: either 7:00 PM Eastern Time on the first business day following the official release of the yield data for that date, or one week after August 28, 2026. This structure allows participants to speculate on different possible yield outcomes, with each threshold representing a unique prediction about the state of U.S. interest rates at that future point in time.
Compared to traditional analyst forecasts, prediction market odds for this market often capture a broader range of expectations, including tail risks and sentiment from active traders. While analysts may publish mean estimates or scenario-based projections, this market provides a continuously updated probability distribution that reflects crowd-sourced wisdom, potentially offering a different perspective on yield movements.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, traders determine prices through a continuous order book where buyers and sellers post bids and asks. The current top outcome reflects the aggregated market sentiment and positions, with odds adjusting dynamically based on trading volume and order flow. This decentralized pricing mechanism allows participants to express nuanced views on future yield levels.
Key signals that could shift this market include Federal Reserve policy announcements, major economic data releases such as inflation or employment reports, shifting global risk sentiment, and unexpected geopolitical developments. Any event that influences expectations for near-term interest rate moves or overall economic growth can cause rapid adjustments in trader positioning and market odds.