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: Sep 11, 3:30 PM EST
Kalshi
This event tracks the performance of U.S. government debt, specifically focusing on the interest rate for a five-year Treasury note at a set future date. The outcome depends on whether this rate surpasses various thresholds, reflecting expectations about economic conditions and monetary policy over the coming years.
The event evaluates multiple thresholds for the par yield of the 5-year U.S. Treasury note as of September 11, 2026. Each threshold represents a distinct level above which the yield must rise for the corresponding market to resolve positively. All markets share a uniform expiration timeline, closing at the earlier of two specified times: either 7:00 PM Eastern Time on the first business day following the official yield data release for that date, or one week after September 11, 2026. This structure allows participants to bet on varying degrees of yield increases, with each market resolving based on its specific threshold being met or not by the predetermined valuation date and time frame.
Currently, prediction market odds reflect a collective forecast of where the 5Y US Treasury yield will be on September 11, 2026. It’s often insightful to compare this market’s implied expectations with those of financial analysts and economic polls. Do analysts anticipate a similar yield, or are their predictions significantly higher or lower? Discrepancies between this market and conventional forecasts can highlight areas of disagreement or unique insights held by traders. Tracking these differences can provide a more comprehensive view of potential outcomes and associated risks.
On Kalshi, this market is priced through a continuous double auction, meaning buyers and sellers submit bids and asks, and trades occur when there's a price match. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price reflects the market’s consensus expectation of the 5Y US Treasury yield on the resolution date. As more information becomes available and traders update their views, the price will fluctuate, providing a dynamic representation of market sentiment. Traders are incentivized to provide accurate forecasts, as profitable trades depend on correctly anticipating the eventual yield.
This market resolves around Sep 11, 2026, with the outcome confirmed once the 5Y US Treasury yield is verifiable from credible public reporting. The yield will be sourced from a widely recognized financial data provider at the close of trading on that day. Traders will then be paid out based on whether their predictions aligned with the actual yield. This ensures a transparent and objective determination of the market’s outcome, based on publicly available data.
Several factors could significantly influence this market between now and September 11, 2026. Major economic data releases, such as inflation reports, GDP growth figures, and employment numbers, will be closely watched. Changes in Federal Reserve monetary policy, including interest rate hikes or cuts, could also have a substantial impact. Unexpected geopolitical events or shifts in global economic conditions could also introduce volatility. Any news that alters expectations about future economic growth or inflation is likely to move this market.