SimpleFunctions
ClosedLast odds shown below are frozen at close (Jul 13, 2026). Future questions tracked on /odds.
Winner-take-all answer·4 source contracts·Kalshi 4·closed just now·1pp · 39h

Will the 2Y U.S. Treasury yield be above 4.29% on Jul 13, 2026

Leader sits at 97% across 4 bound outcomes, runner-up at 88%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

97%

4.1% or above

runner-up 88¢leader 97¢

Outcomes

4

winner-take-all

Runner-up

88¢

4.15% or above

Spread

9pp

contested

24h volume

$243

thin orderbook

Closes

not derived

Venue

Kalshi

4 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday4.1% or above: 89% (3 days, 3 points)4.1% or above: 89% on 2026-07-124.15% or above: 71% (3 days, 3 points)4.15% or above: 71% on 2026-07-124.25% or above: 22% (3 days, 3 points)4.25% or above: 22% on 2026-07-12
4.1% or above89¢4.15% or above71¢4.25% or above22¢
Top 3 candidates by current price · 3d

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 market is pricing a 96% probability that the 2-year U.S. Treasury yield will close above 4.09% on July 13, 2026—tomorrow. The steep decline in contract prices as thresholds rise (from 96¢ at 4.09% to just 4¢ at 4.29%) indicates traders expect the yield to stay in a narrow range slightly above 4.09%, with very low odds of reaching 4.29% or higher. The current level reflects recent Federal Reserve communications, inflation data, and market expectations for short-term rates. Any significant overnight economic data, Fed commentary, or unexpected market moves could shift the yield materially. The resolution depends entirely on where the 2-year yield settles at market close tomorrow, making this a near-term event with minimal time for new information to emerge.

  • Current 2Y yield level relative to 4.09% threshold: closer observation of intraday moves and overnight futures trading suggests where market-close positioning will land
  • Recent Fed communications and rate expectations: any signals about future policy moves could shift near-term yield trajectories
  • Overnight international markets and global rate movements: activity in Asian and European fixed-income markets can influence opening levels on U.S. markets
  • Incoming U.S. economic data or central bank statements between now and market close: inflation, employment, or policy signals would be the primary catalyst for yield movement
  • Volume concentration in 4.09%–4.14% contracts vs. extreme thinness at 4.29%: suggests consensus cluster rather than true tail-risk pricing

What moved the line

  • Jul 114.1% or above27pp6693¢ · Kalshi
  • Jul 114.25% or above13pp2714¢ · Kalshi
  • Jul 114.3% or above10pp144¢ · Kalshi
  • Jul 124.25% or above8pp1422¢ · Kalshi
  • Jul 114.15% or above4pp6670¢ · 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.

Last updated on this page: just now.