TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 25, 3:30 PM EST
Kalshi
This event tracks the performance of a key interest rate benchmark, reflecting expectations about future economic conditions and monetary policy decisions. The outcome depends on whether the yield reaches specific thresholds, offering insights into market sentiment and economic forecasts.
Each market resolves to Yes if the par yield for the 7Y U.S. Treasury exceeds a specified threshold on September 25, 2026. Thresholds range incrementally from 4.70% to 4.98%. All markets share an identical expiration rule: they close at the sooner of 7:00 PM ET on the first business day following the official data release for September 25, 2026, or one week after that date. This structure creates a series of binary outcomes that collectively map the probability distribution of where the yield will fall on that specific date.
Currently, it's difficult to draw broad comparisons between prediction market odds and traditional analyst forecasts for the 7-year Treasury yield. While analysts frequently publish yield predictions, these often come with caveats and are expressed as point estimates or ranges. This market offers a probabilistic view, showing the collective wisdom of traders regarding the likelihood of different yield levels. It's important to note that analyst forecasts are often based on economic models, while this market reflects real-money bets on the future, potentially incorporating a wider range of factors.
On Kalshi, this market is priced using a continuous double auction mechanism, where traders submit bids and asks for contracts representing different outcomes. The current price of a contract reflects the market’s assessment of the probability of that outcome occurring. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders are constantly adjusting their prices based on new information and their own analysis, creating a dynamic and efficient price discovery process. The market depth, displayed on the dashboard, indicates the volume of buy and sell orders at various price levels, providing insight into potential price movements.
This market resolves around Sep 25, 2026, with the outcome determined by the 7-year U.S. Treasury yield as reported by a credible financial data source at the specified time. The yield will be verified against credible public reporting, such as that provided by the U.S. Department of the Treasury or a major financial news outlet. The precise yield level at the close of trading on that day will determine which contracts pay out and which expire worthless, based on the levels defined within the market.
Several key signals and events could significantly move this market before Sep 25, 2026. Major macroeconomic data releases, such as inflation reports, employment figures, and GDP growth data, will likely influence expectations about future interest rate policy and, consequently, Treasury yields. Federal Reserve communications, including speeches by policymakers and minutes from Federal Open Market Committee meetings, will also be closely watched. Unexpected geopolitical events or shifts in global economic conditions could also create volatility and impact the 7-year Treasury yield.