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 set of markets tracks potential declines in the 10-year U.S. Treasury yield over a specific week in late October 2026. Each market has a different threshold, representing various levels of yield decrease. The outcome depends on whether the official daily yield published by the U.S. Treasury falls below the specified level at any point during the period.
All markets in this set share a common structure for determining resolution. Each market specifies a yield threshold, expressed as a percentage, and a defined period from October 23, 2026, to October 30, 2026. The market resolves to 'Yes' if, on any business day within this window, the daily published par yield for the 10-year U.S. Treasury, as reported by the U.S. Department of the Treasury, falls below the specified threshold. Resolution relies exclusively on these official daily figures; intraday fluctuations are irrelevant. Once the threshold is breached, the market may expire early per Rule 7.2. If not met by the end of the period, expiration occurs at 10:00 AM ET on the business day following October 30, 2026. Any inability to determine an expiration value triggers Rule 7.1 of the Rulebook. Post-expiration revisions to the underlying yield data do not affect the outcome.
Currently, prediction market odds reflect a different perspective than many traditional analyst forecasts. While many analysts predict a continued rise in the 10-year Treasury yield, this market suggests a possibility of a decline. It’s important to note that analyst forecasts are often based on economic models and assumptions, while this market represents the collective judgment of individuals willing to put capital behind their beliefs. This difference highlights the potential value of prediction markets in capturing a broader range of perspectives and incorporating real-time information.
On Kalshi, this market is priced using a continuous double auction, meaning traders can buy or sell contracts representing different yield levels at any time. The price of each contract reflects the probability of that yield level being reached by Oct 30, 2026. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and express their views, the prices adjust, providing a dynamic and efficient way to aggregate information about future expectations. The market's price discovery process allows for a real-time assessment of risk and opportunity related to the 10-year Treasury yield.
This market resolves around Oct 30, 2026, with the outcome confirmed once the actual 10-year US Treasury yield on that date is verifiable from credible public reporting. The market will settle to the lowest 10-year Treasury yield recorded during the trading day on October 30, 2026. This data will be sourced from publicly available financial data providers and will be used to determine which contracts payout. Traders should monitor reliable financial news sources as the resolution date approaches to stay informed about the prevailing yield levels.
Several key signals and events could significantly impact this market. Unexpected changes in inflation data, Federal Reserve policy announcements regarding interest rates, and geopolitical events that affect global economic stability are all potential catalysts. Stronger-than-expected economic growth could push yields higher, while a recessionary environment might drive them lower. Furthermore, shifts in investor risk appetite and demand for safe-haven assets like US Treasuries could also influence the direction of this market. Monitoring these factors will be crucial for understanding price movements.