SimpleFunctions
ClosedLast odds shown below are frozen at close (Jul 10, 2026). Future questions tracked on /odds.
Winner-take-all answer·4 source contracts·Kalshi 4·closed just now·Closes Jul 10, 2026 · 1d

Will the 10Y U.S. Treasury yield be above 4.54% on Jul 6, 2026

Leader sits at 65% across 4 bound outcomes, runner-up at 52%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

65%

4.45% or above

runner-up 52¢leader 65¢

Outcomes

4

winner-take-all

Runner-up

52¢

4.5% or above

Spread

13pp

contested

24h volume

$2K

modest

Closes

Jul 10, 2026

1 days

Venue

Kalshi

4 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday4.45% or above: 77% (4 days, 4 points)4.45% or above: 77% on 2026-07-094.5% or above: 52% (4 days, 4 points)4.5% or above: 52% on 2026-07-094.6% or above: 30% (4 days, 4 points)4.6% or above: 30% on 2026-07-09
4.45% or above77¢4.5% or above52¢4.6% or above30¢
Top 3 candidates by current price · 4d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects market expectations that the 10-year U.S. Treasury yield will exceed 4.54% by July 6, 2026—just two days away. The 64% probability assigned to the 4.39% threshold (the current leader) versus only 3% for this 4.54% level suggests traders expect yields to remain in a relatively narrow range near current levels. Treasury yields are primarily driven by Federal Reserve policy expectations, inflation data, and economic growth forecasts. With the resolution date imminent, upcoming economic data releases and any Fed communications in the next 48 hours would be the main catalysts that could shift yields meaningfully. The significant gap between probabilities at different thresholds (4.39% at 64% versus 4.54% at 3%) indicates the market sees a steep decline in probability as yield targets rise, suggesting most traders view a substantial near-term spike as unlikely.

  • Current 10Y yield is approximately 4.35-4.40%, requiring a 14-19 basis point move upward in two days to settle above 4.54%
  • The 4.54% contract trades at only 3¢ versus 44¢ for the 4.39% contract, indicating sharp probability decay at higher thresholds
  • No major scheduled Fed announcements or inflation data releases are expected between July 4-6
  • Trading volume is concentrated in the 4.44-4.49% range contracts, suggesting market focus on near-term consolidation rather than large moves
  • Historical 2-day moves in 10Y yields rarely exceed 20 basis points outside crisis periods or major policy surprises

What moved the line

  • Jul 84.45% or above69pp574¢ · Kalshi
  • Jul 84.5% or above39pp1655¢ · Kalshi
  • Jul 84.55% or above33pp1649¢ · Kalshi
  • Jul 84.6% or above18pp1634¢ · Kalshi
  • Jul 74.6% or above14pp216¢ · Kalshi

Recently closed in fed rate

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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