TOTAL VOLUME:
$154.4b
24H VOL:
$245,801,863
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,902,097,102
417,059
Markets across
40,178
events
MATCHED EVENTS:
4,415
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 30, 3:30 PM EST
Kalshi
This event tracks the performance of a key indicator in the U.S. debt market, reflecting investor expectations about future economic conditions and monetary policy. The outcome depends on whether a specific benchmark interest rate exceeds certain thresholds by a set date. Such forecasts help participants gauge potential shifts in financial markets and economic trajectories.
All markets resolve based on whether the par yield for the 2Y U.S. Treasury exceeds a specified threshold on October 30, 2026. Each market has a unique threshold, ranging incrementally from 4.50% to 4.78%. If the yield closes above the designated level for a given market, that market resolves to Yes; otherwise, it resolves to No. Expiration occurs at the sooner of two times: either 7:00 PM ET on the first business day following the official release of the yield data for that date, or one week after October 30, 2026. All markets share this uniform expiration logic, ensuring consistency across differing yield thresholds.
Currently, it's important to note that analyst forecasts for the 2-year Treasury yield on Oct 30, 2026 vary considerably. Some predict a continued rise in yields due to persistent inflation, while others anticipate a decline if the Federal Reserve pivots to a more dovish monetary policy. This market provides a different perspective, reflecting the collective judgment of traders who are putting their capital at risk. Often, prediction markets can offer a more real-time and potentially more accurate signal than traditional polls or surveys, as traders have a financial incentive to be correct in their assessments.
On Kalshi, this market is priced using a continuous double auction, meaning traders can buy and sell contracts at any time, setting the price based on their expectations. The price of a contract represents the probability of the corresponding outcome occurring – in this case, the 2-year Treasury yield being above a certain level on October 30, 2026. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market depth shows the volume of contracts available at different price levels, providing insight into the strength of conviction among traders. This dynamic pricing mechanism allows for efficient discovery of information and reflects the collective wisdom of the crowd.
This market resolves around Oct 30, 2026, with the outcome confirmed once the 2-year U.S. Treasury yield on that date is verifiable from credible public reporting. The yield will be sourced from a widely recognized financial data provider, ensuring an objective and transparent determination. Traders will then be paid out based on whether their contracts align with the actual yield at the time of resolution. The market's resolution is based on publicly available data, providing a clear and unambiguous outcome for all participants.
Several key signals and events could significantly impact this market. Major economic data releases, such as inflation reports, GDP growth figures, and employment numbers, will be closely watched. Changes in Federal Reserve policy, including interest rate hikes or cuts and quantitative tightening or easing, are also crucial drivers. Unexpected geopolitical events or shifts in global economic conditions could also influence investor sentiment and move the market. Finally, any surprising statements from Federal Reserve officials regarding the future path of monetary policy could trigger substantial price movements in this market.