The Prediction Markets

How low will 2-year Treasury yield get before 2027?

Closes
Jan 1, 2027, in 2 months
Traded
$1.1M
Venues
Polymarket, Kalshi
Prices updated
just now
Share

What the markets expect

Below 4.70% 100%

Next is 5.3% or above at 99%. The venues list this event, but none of their outcomes are matched yet, so prices are shown separately.

Odds by venue

Consensus blends each venue’s last price, weighted by how much has traded there. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue. Ages are as of when this page was built.

  • Polymarket
  • Kalshi
Below 4.70%
100%
Polymarket 100%polled, 44s ago
Polymarket
Contract
Below 4.70%
Last price
100%
As of
Polled just now
Buy Yes
—
Sell Yes
99.9¢
Volume
$6K
Trade this on Polymarket
5.3% or above
99%
Kalshi 99%polled, 44s ago
Kalshi
Contract
5.3% or above
Last price
99%
As of
Polled just now
Buy Yes
—
Sell Yes
99¢
Volume
$7K
Trade this on Kalshi
4.75% or above
82%
Kalshi 82%polled, 44s agoBest Yes 86¢ on Kalshi, $100 pays $116 (1.16x)
Kalshi
Contract
4.75% or above
Last price
82%
As of
Polled just now
Buy Yes
86¢
Sell Yes
82¢
$100 on Yes pays
$116 (1.16x)
Volume
$12K
Trade this on Kalshi
Below 4.60%
75.5%
Polymarket 75.5%polled, 44s agoBest Yes 77¢ on Polymarket, $100 pays $130 (1.30x)
Polymarket
Contract
Below 4.60%
Last price
75.5%
As of
Polled just now
Buy Yes
77¢
Sell Yes
74¢
$100 on Yes pays
$130 (1.30x)
Volume
$3K
Trade this on Polymarket
Below 4.50%
70%
Polymarket 70%polled, 44s agoBest Yes 77¢ on Polymarket, $100 pays $130 (1.30x)
Polymarket
Contract
Below 4.50%
Last price
70%
As of
Polled just now
Buy Yes
77¢
Sell Yes
63¢
$100 on Yes pays
$130 (1.30x)
Volume
$3K
Trade this on Polymarket
5% or above
64%
Kalshi 64%polled, 44s agoBest Yes 66¢ on Kalshi, $100 pays $152 (1.52x)
Kalshi
Contract
5% or above
Last price
64%
As of
Polled just now
Buy Yes
66¢
Sell Yes
60¢
$100 on Yes pays
$152 (1.52x)
Volume
$11K
Trade this on Kalshi
5.35% or above
51%
Kalshi 51%polled, 44s agoBest Yes 51¢ on Kalshi, $100 pays $196 (1.96x)
Kalshi
Contract
5.35% or above
Last price
51%
As of
Polled just now
Buy Yes
51¢
Sell Yes
27¢
$100 on Yes pays
$196 (1.96x)
Volume
$3K
Trade this on Kalshi
5.1% or above
46%
Kalshi 46%polled, 44s agoBest Yes 46¢ on Kalshi, $100 pays $217 (2.17x)
Kalshi
Contract
5.1% or above
Last price
46%
As of
Polled just now
Buy Yes
46¢
Sell Yes
39¢
$100 on Yes pays
$217 (2.17x)
Volume
$10K
Trade this on Kalshi
Below 4.40%
44%
Polymarket 44%polled, 44s agoBest Yes 69¢ on Polymarket, $100 pays $145 (1.45x)
Polymarket
Contract
Below 4.40%
Last price
44%
As of
Polled just now
Buy Yes
69¢
Sell Yes
19¢
$100 on Yes pays
$145 (1.45x)
Volume
$2K
Trade this on Polymarket
5.15% or above
43%
Kalshi 43%polled, 44s agoBest Yes 46¢ on Kalshi, $100 pays $217 (2.17x)
Kalshi
Contract
5.15% or above
Last price
43%
As of
Polled just now
Buy Yes
46¢
Sell Yes
39¢
$100 on Yes pays
$217 (2.17x)
Volume
$12K
Trade this on Kalshi
Show 16 more outcomes
5.4% or above
42%
Kalshi 42%polled, 44s agoBest Yes 46¢ on Kalshi, $100 pays $217 (2.17x)
Kalshi
Contract
5.4% or above
Last price
42%
As of
Polled just now
Buy Yes
46¢
Sell Yes
23¢
$100 on Yes pays
$217 (2.17x)
Volume
$573
Trade this on Kalshi
5.25% or above
35%
Kalshi 35%polled, 44s agoBest Yes 41¢ on Kalshi, $100 pays $244 (2.44x)
Kalshi
Contract
5.25% or above
Last price
35%
As of
Polled just now
Buy Yes
41¢
Sell Yes
31¢
$100 on Yes pays
$244 (2.44x)
Volume
$4K
Trade this on Kalshi
Below 4.30%
23.5%
Polymarket 23.5%polled, 44s agoBest Yes 25¢ on Polymarket, $100 pays $400 (4.00x)
Polymarket
Contract
Below 4.30%
Last price
23.5%
As of
Polled just now
Buy Yes
25¢
Sell Yes
22¢
$100 on Yes pays
$400 (4.00x)
Volume
$1K
Trade this on Polymarket
5.5% or above
22.3%
Kalshi 20%polled, 44s agoKalshi 29%polled, 44s agoBest Yes 36¢ on Kalshi, $100 pays $278 (2.78x)
Kalshi
Contract
5.5% or above
Last price
20%
As of
Polled just now
Buy Yes
55¢
Sell Yes
18¢
$100 on Yes pays
$182 (1.82x)
Volume
$5K
Trade this on Kalshi
Kalshi
Contract
5.5% or above
Last price
29%
As of
Polled just now
Buy Yes
36¢
Sell Yes
12¢
$100 on Yes pays
$278 (2.78x)
Volume
$507
Trade this on Kalshi
Below 4.20%
16.5%
Polymarket 16.5%polled, 44s agoBest Yes 22¢ on Polymarket, $100 pays $455 (4.55x)
Polymarket
Contract
Below 4.20%
Last price
16.5%
As of
Polled just now
Buy Yes
22¢
Sell Yes
11¢
$100 on Yes pays
$455 (4.55x)
Volume
$795
Trade this on Polymarket
5.45% or above
14%
Kalshi 14%polled, 44s agoBest Yes 42¢ on Kalshi, $100 pays $238 (2.38x)
Kalshi
Contract
5.45% or above
Last price
14%
As of
Polled just now
Buy Yes
42¢
Sell Yes
14¢
$100 on Yes pays
$238 (2.38x)
Volume
$404
Trade this on Kalshi
5.75% or above
10%
Kalshi 10%polled, 44s agoBest Yes 12¢ on Kalshi, $100 pays $833 (8.33x)
Kalshi
Contract
5.75% or above
Last price
10%
As of
Polled just now
Buy Yes
12¢
Sell Yes
5¢
$100 on Yes pays
$833 (8.33x)
Volume
$693
Trade this on Kalshi
6,000 or below
8.4%
Kalshi 8.4%polled, 48s agoBest Yes 8.4¢ on Kalshi, $100 pays $1,190 (11.9x)
Kalshi
Contract
6,000 or below
Last price
8.4%
As of
Polled just now
Buy Yes
8.4¢
Sell Yes
3.6¢
$100 on Yes pays
$1,190 (11.9x)
Volume
$154K
Trade this on Kalshi
6,300 or below
8.3%
Kalshi 8.3%polled, 48s agoBest Yes 10.8¢ on Kalshi, $100 pays $926 (9.26x)
Kalshi
Contract
6,300 or below
Last price
8.3%
As of
Polled just now
Buy Yes
10.8¢
Sell Yes
8.3¢
$100 on Yes pays
$926 (9.26x)
Volume
$227K
Trade this on Kalshi
6,200 or below
7.4%
Kalshi 7.4%polled, 48s agoBest Yes 7.4¢ on Kalshi, $100 pays $1,351 (13.5x)
Kalshi
Contract
6,200 or below
Last price
7.4%
As of
Polled just now
Buy Yes
7.4¢
Sell Yes
3¢
$100 on Yes pays
$1,351 (13.5x)
Volume
$108K
Trade this on Kalshi
6,100 or below
6.6%
Kalshi 6.6%polled, 48s agoBest Yes 6.6¢ on Kalshi, $100 pays $1,515 (15.2x)
Kalshi
Contract
6,100 or below
Last price
6.6%
As of
Polled just now
Buy Yes
6.6¢
Sell Yes
3.6¢
$100 on Yes pays
$1,515 (15.2x)
Volume
$85K
Trade this on Kalshi
Below 4.10%
5.5%
Polymarket 5.5%polled, 44s agoBest Yes 7¢ on Polymarket, $100 pays $1,429 (14.3x)
Polymarket
Contract
Below 4.10%
Last price
5.5%
As of
Polled just now
Buy Yes
7¢
Sell Yes
4¢
$100 on Yes pays
$1,429 (14.3x)
Volume
$2K
Trade this on Polymarket
Below 3.90%
5.4%
Polymarket 5.4%polled, 44s agoBest Yes 6.5¢ on Polymarket, $100 pays $1,538 (15.4x)
Polymarket
Contract
Below 3.90%
Last price
5.4%
As of
Polled just now
Buy Yes
6.5¢
Sell Yes
4.3¢
$100 on Yes pays
$1,538 (15.4x)
Volume
$360
Trade this on Polymarket
5,900 or below
4.4%
Kalshi 4.4%polled, 48s agoBest Yes 4.4¢ on Kalshi, $100 pays $2,273 (22.7x)
Kalshi
Contract
5,900 or below
Last price
4.4%
As of
Polled just now
Buy Yes
4.4¢
Sell Yes
2¢
$100 on Yes pays
$2,273 (22.7x)
Volume
$359K
Trade this on Kalshi
Below 4.00%
4.3%
Polymarket 4.3%polled, 44s agoBest Yes 5.5¢ on Polymarket, $100 pays $1,818 (18.2x)
Polymarket
Contract
Below 4.00%
Last price
4.3%
As of
Polled just now
Buy Yes
5.5¢
Sell Yes
3¢
$100 on Yes pays
$1,818 (18.2x)
Volume
$1K
Trade this on Polymarket
6% or above
1%
Kalshi 1%polled, 44s agoBest Yes 2¢ on Kalshi, $100 pays $5,000 (50.0x)
Kalshi
Contract
6% or above
Last price
1%
As of
Polled just now
Buy Yes
2¢
Sell Yes
1¢
$100 on Yes pays
$5,000 (50.0x)
Volume
$2K
Trade this on Kalshi

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle
Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: For example, Google Finance, U.S. Department of the Treasury

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Below 4.70%
  • 5.3% or above
  • 4.75% or above

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Top of book

Connecting
Best bid
—
Spread
—
Best ask
—

Waiting for the first live quote…

Depth · top 8 levels

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Recent trades

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Kalshi

Kalshi doesn’t list Below 4.70% for this event.

What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

$
Buy

Loading both order books…

Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.05 × price × (1 − price) per share (economics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "How low will 2-year Treasury yield get before 2027?". Below 4.70% leads at 100%. Next is 5.3% or above at 99%. $1.1M has traded across 26 outcomes on Kalshi and Polymarket. The market is expected to resolve by Jan 1, 2027.

This market will resolve to "Yes" if the Treasury 2-year yield is lower than the listed value for any date from market creation to December 31, 2026. Otherwise this market will resolve to "No". This market will resolve as soon as the Treasury 2-year yield is lower than the listed value, or once data is available for the final business day of 2026. If no qualifying value is published and data is not available for the final business day of 2026 by January 14, 2027, 11:59 PM ET, this market will resolve to "No". The resolution source for this market is the Department of the treasury, specifically the data listed under "Daily Treasury Par Yield Curve Rates" for the column "2 Yr" (see: https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2026).

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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