SimpleFunctions
ClosedLast odds shown below are frozen at close (Jul 13, 2026). Future questions tracked on /odds.
Winner-take-all answer·7 source contracts·Kalshi 7·closed just now·4pp · 39h

Will the 5Y U.S. Treasury yield be above 4.24% on Jul 13, 2026

Leader sits at 92% across 7 bound outcomes, runner-up at 92%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

92%

4.15% or above

runner-up 92¢leader 92¢

Outcomes

7

winner-take-all

Runner-up

92¢

4.2% or above

Spread

0pp

contested

24h volume

$927

thin orderbook

Closes

not derived

Venue

Kalshi

7 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday4.15% or above: 94% (3 days, 2 points)4.15% or above: 94% on 2026-07-124.2% or above: 94% (3 days, 2 points)4.2% or above: 94% on 2026-07-124.25% or above: 70% (3 days, 3 points)4.25% or above: 70% on 2026-07-12
4.15% or above94¢4.2% or above94¢4.25% or above70¢
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

Markets are pricing an 88% chance that the 5-year U.S. Treasury yield closes at 4.25% or higher on July 13, 2026. This reflects expectations about inflation data, Federal Reserve policy signals, and near-term bond market dynamics. The high probability suggests traders believe yields will remain elevated above that threshold. Key drivers include recent inflation reports, Fed communications about interest rate policy, and broader economic growth expectations. The most immediate catalyst would be any new economic data released between now and market close on July 13. The contract structure shows progressively lower probabilities for higher yield levels—only 17% chance of exceeding 4.34%—indicating consensus that yields will stay in a relatively narrow range rather than spike significantly higher.

  • Current 5Y yield level relative to 4.24% threshold and recent intraday trading range
  • Inflation expectations and any CPI or PCE data scheduled for release before market close on July 13
  • Federal Reserve communications, rate guidance, or policy signals affecting near-term rate expectations
  • Flight-to-safety demand versus risk appetite in equity markets, which typically inverse yields
  • Technical support/resistance levels and month-end bond portfolio positioning patterns

What moved the line

  • Jul 114.25% or above29pp6089¢ · Kalshi
  • Jul 124.15% or above27pp6794¢ · Kalshi
  • Jul 114.35% or above25pp4015¢ · Kalshi
  • Jul 124.45% or above22pp253¢ · Kalshi
  • Jul 124.25% or above19pp8970¢ · 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.