TOTAL VOLUME:
$154.6b
24H VOL:
$333,432,169
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,971,286,090
419,492
Markets across
40,634
events
MATCHED EVENTS:
4,654
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 23, 3:30 PM EST
Kalshi
This event tracks the performance of a key interest rate benchmark, reflecting expectations about economic conditions and monetary policy over the specified period. The outcome depends on whether the yield reaches or exceeds certain thresholds, offering insight into future financial market sentiment and economic forecasts.
All markets resolve based on the par yield of the 7-year U.S. Treasury as of October 23, 2026. Each market has a specific threshold: if the yield exceeds the stated percentage, that market resolves to Yes; otherwise, it resolves to No. All markets share a common expiration timeline, closing at the earlier of two possible times: either 7:00 PM Eastern Time on the first business day following the official data release for October 23, 2026, or one week after October 23, 2026. This structure ensures consistent timing across all thresholds while allowing participants to speculate on different yield levels.
Currently, prediction market odds represent a distinct perspective compared to traditional analyst forecasts for the 7-year Treasury yield. While many analysts offer point estimates, this market aggregates the wisdom of the crowd, expressing expectations as probabilities across a range of potential outcomes. It’s important to note that analyst forecasts can be influenced by biases or institutional pressures, whereas this market reflects the collective judgment of individuals with skin in the game. Examining the differences between these viewpoints can provide a more nuanced understanding of potential yield movements.
On Kalshi, this market is priced using a continuous double auction, meaning 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, the prices adjust to reflect the evolving consensus. This dynamic pricing mechanism allows for a real-time assessment of market sentiment and provides a forward-looking indicator of interest rate expectations. The current volume suggests active participation and a degree of confidence in the market’s price discovery process.
This market resolves around Oct 23, 2026, with the outcome confirmed once the 7-year US Treasury yield on that date is verifiable from credible public reporting. The official yield will be sourced from publicly available financial data, ensuring a transparent and objective determination of the result. Traders will then be paid out based on whether their purchased contracts align with the actual yield at the time of resolution. This provides a clear and unambiguous outcome for all participants in this market.
Several key signals and events could significantly impact this market before Oct 23, 2026. Major macroeconomic data releases, such as inflation reports, employment figures, and GDP growth, will likely drive price movements. Changes in Federal Reserve policy, including interest rate adjustments or forward guidance, are also crucial catalysts. Geopolitical events and unexpected economic shocks could introduce volatility and shift market sentiment. Furthermore, shifts in investor risk appetite and broader market trends in the bond market will play a role in shaping the price action of this market.