TOTAL VOLUME:
$154.6b
24H VOL:
$323,326,361
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,969,435,260
419,363
Markets across
40,411
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 9, 3:30 PM EST
Kalshi
Long-term government bond yields like the 30-year Treasury reflect expectations about economic growth, inflation, and monetary policy over decades. These yields influence mortgage rates, corporate borrowing costs, and overall investment strategies. Significant movements in the 30-year yield often signal major shifts in long-term economic outlooks and policy directions.
Several markets operate with distinct threshold levels for the 30Y U.S. Treasury par yield on October 9, 2026. Each market resolves to 'Yes' if the yield surpasses its specific threshold. All markets share an identical expiration structure: they close at the earlier of 7:00 PM ET on the first business day following the yield data release for October 9, 2026, or one week after that date.
Currently, prediction market odds offer a different perspective than traditional analyst forecasts for long-term Treasury yields. While many analysts predict a gradual increase in yields over the next few years, this market reflects a broader range of potential outcomes, incorporating the collective wisdom of participants. It’s important to note that analyst forecasts often rely on economic models and assumptions, while this market is driven by real-time trading based on diverse information and perspectives. Comparing the two can provide a more comprehensive view of potential future scenarios.
On Kalshi, this market is priced using a continuous double auction, where traders buy and sell contracts representing different yield levels. The price of each contract reflects the probability of that specific yield occurring on the resolution date. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the prices adjust to reflect the evolving consensus. This dynamic pricing mechanism allows the market to quickly incorporate new data and adjust expectations, offering a forward-looking view of potential yield movements. The current price represents the market's best estimate of the 30-year Treasury yield on October 9, 2026.
Several key signals and events could significantly move this market. Changes in the Federal Reserve’s monetary policy, such as interest rate hikes or cuts, are major drivers of Treasury yields. Unexpected economic data releases, including inflation reports, GDP growth figures, and employment numbers, can also trigger substantial price movements. Geopolitical events and shifts in global economic conditions could also influence investor sentiment and impact the demand for U.S. Treasury bonds, thereby affecting the 30-year yield. Any significant surprise in these areas could lead to increased volatility in this market.