SimpleFunctions
Winner-take-all answer·9 source contracts·Kalshi 9·refreshed just now·Closes Jul 31, 2026 · 22d·2pp · 28h

Will the 7Y U.S. Treasury yield be above 4.39% on Jul 31, 2026

Leader sits at 95% across 9 bound outcomes, runner-up at 95%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

95%

4.15% or above

runner-up 95¢leader 95¢

Outcomes

9

winner-take-all

Runner-up

95¢

4.2% or above

Spread

0pp

contested

24h volume

$581

thin orderbook

Closes

Jul 31, 2026

22 days

Venue

Kalshi

9 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday4.15% or above: 95% (2 days, 2 points)4.15% or above: 95% on 2026-07-084.2% or above: 76% (2 days, 2 points)4.2% or above: 76% on 2026-07-084.25% or above: 72% (2 days, 2 points)4.25% or above: 72% on 2026-07-08
4.15% or above95¢4.2% or above76¢4.25% or above72¢
Top 3 candidates by current price · 2d

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 7-year U.S. Treasury yield will exceed 4.39% by July 31, 2026—roughly three weeks from now. The 93% odds suggest traders view this threshold as highly likely given current yield levels and near-term momentum. Treasury yields are primarily driven by inflation expectations, Federal Reserve policy signals, and economic data releases. Key near-term catalysts include employment reports, inflation readings (CPI/PCE), and any Fed communication about interest rates. The relatively narrow timeframe (23 days) limits potential for dramatic yield swings, though geopolitical events or unexpected economic data could shift expectations. The contract structure shows declining probabilities at higher yield thresholds (4.54%+ trades at just 12%), indicating markets see significant upside movement as unlikely within this window.

  • Current 7-year Treasury yield is near or above 4.39%, making the threshold achievable with minimal movement
  • Employment and inflation data releases scheduled before July 31 could trigger volatility but would need to significantly exceed expectations to prevent the threshold breach
  • Federal Reserve communications and any rate-cut or rate-hold signals will influence yield direction over the next three weeks
  • The contract expires in 23 days, limiting time for multi-percentage-point yield declines that would be needed to keep yields below 4.39%
  • Market pricing shows declining probability at higher yield levels (4.54% only 12% likely), suggesting consensus expects yields to remain in a contained range

What moved the line

  • Jul 84.15% or above32pp6395¢ · Kalshi
  • Jul 84.25% or above23pp4972¢ · Kalshi
  • Jul 84.3% or above17pp4865¢ · Kalshi
  • Jul 84.2% or above16pp6076¢ · Kalshi
  • Jul 84.4% or above12pp3345¢ · 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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