The Prediction Markets

How low will 5-year Treasury yield get before 2027?

Closes
Dec 31, 2026, in 2 months
Traded
$1.2M
Venues
Polymarket, Kalshi
Prices updated
just now
Share

What the markets expect

5.3% or above 99%

Next is 4.75% or above at 87%. 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, the oldest 2 min ago. Ages are as of when this page was built.

  • Polymarket
  • Kalshi
5.3% or above
99%
Kalshi 99%polled, 2 min ago
Kalshi
Contract
5.3% or above
Last price
99%
As of
Polled 2 min ago
Buy Yes
—
Sell Yes
99¢
Volume
$7K
Trade this on Kalshi
4.75% or above
87%
Kalshi 87%polled, 30s agoBest Yes 87¢ on Kalshi, $100 pays $115 (1.15x)
Kalshi
Contract
4.75% or above
Last price
87%
As of
Polled just now
Buy Yes
87¢
Sell Yes
83¢
$100 on Yes pays
$115 (1.15x)
Volume
$12K
Trade this on Kalshi
5% or above
64%
Kalshi 64%polled, 30s agoBest Yes 64¢ on Kalshi, $100 pays $156 (1.56x)
Kalshi
Contract
5% or above
Last price
64%
As of
Polled just now
Buy Yes
64¢
Sell Yes
62¢
$100 on Yes pays
$156 (1.56x)
Volume
$11K
Trade this on Kalshi
5.35% or above
63%
Kalshi 63%polled, 2 min ago
Kalshi
Contract
5.35% or above
Last price
63%
As of
Polled 2 min ago
Buy Yes
—
Sell Yes
26¢
Volume
$3K
Trade this on Kalshi
5.1% or above
46%
Kalshi 46%polled, 30s 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
40¢
$100 on Yes pays
$217 (2.17x)
Volume
$10K
Trade this on Kalshi
5.15% or above
43%
Kalshi 43%polled, 30s 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
5.4% or above
42%
Kalshi 42%polled, 2 min agoBest Yes 46¢ on Kalshi, $100 pays $217 (2.17x)
Kalshi
Contract
5.4% or above
Last price
42%
As of
Polled 2 min ago
Buy Yes
46¢
Sell Yes
23¢
$100 on Yes pays
$217 (2.17x)
Volume
$573
Trade this on Kalshi
Below 4.50%
41.5%
Polymarket 41.5%polled, 30s agoBest Yes 43¢ on Polymarket, $100 pays $233 (2.33x)
Polymarket
Contract
Below 4.50%
Last price
41.5%
As of
Polled just now
Buy Yes
43¢
Sell Yes
40¢
$100 on Yes pays
$233 (2.33x)
Volume
$24K
Trade this on Polymarket
5.25% or above
35%
Kalshi 35%polled, 30s agoBest Yes 40¢ on Kalshi, $100 pays $250 (2.50x)
Kalshi
Contract
5.25% or above
Last price
35%
As of
Polled just now
Buy Yes
40¢
Sell Yes
30¢
$100 on Yes pays
$250 (2.50x)
Volume
$4K
Trade this on Kalshi
Below 4.45%
34%
Polymarket 34%polled, 30s agoBest Yes 36¢ on Polymarket, $100 pays $278 (2.78x)
Polymarket
Contract
Below 4.45%
Last price
34%
As of
Polled just now
Buy Yes
36¢
Sell Yes
32¢
$100 on Yes pays
$278 (2.78x)
Volume
$30K
Trade this on Polymarket
Show 16 more outcomes
5.5% or above
22.3%
Kalshi 20%polled, 30s agoKalshi 29%polled, 2 min agoBest Yes 32¢ on Kalshi, $100 pays $313 (3.13x)
Kalshi
Contract
5.5% or above
Last price
20%
As of
Polled just now
Buy Yes
56¢
Sell Yes
16¢
$100 on Yes pays
$179 (1.79x)
Volume
$5K
Trade this on Kalshi
Kalshi
Contract
5.5% or above
Last price
29%
As of
Polled 2 min ago
Buy Yes
32¢
Sell Yes
12¢
$100 on Yes pays
$313 (3.13x)
Volume
$507
Trade this on Kalshi
Below 4.40%
18%
Polymarket 18%polled, 30s agoBest Yes 19¢ on Polymarket, $100 pays $526 (5.26x)
Polymarket
Contract
Below 4.40%
Last price
18%
As of
Polled just now
Buy Yes
19¢
Sell Yes
17¢
$100 on Yes pays
$526 (5.26x)
Volume
$19K
Trade this on Polymarket
Below 4.35%
15%
Polymarket 15%polled, 30s agoBest Yes 16¢ on Polymarket, $100 pays $625 (6.25x)
Polymarket
Contract
Below 4.35%
Last price
15%
As of
Polled just now
Buy Yes
16¢
Sell Yes
14¢
$100 on Yes pays
$625 (6.25x)
Volume
$26K
Trade this on Polymarket
5.45% or above
14%
Kalshi 14%polled, 2 min agoBest Yes 92¢ on Kalshi, $100 pays $109 (1.09x)
Kalshi
Contract
5.45% or above
Last price
14%
As of
Polled 2 min ago
Buy Yes
92¢
Sell Yes
14¢
$100 on Yes pays
$109 (1.09x)
Volume
$404
Trade this on Kalshi
5.75% or above
10%
Kalshi 10%polled, 30s 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, 1 min 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 1 min ago
Buy Yes
8.4¢
Sell Yes
3.6¢
$100 on Yes pays
$1,190 (11.9x)
Volume
$153K
Trade this on Kalshi
6,200 or below
7.4%
Kalshi 7.4%polled, 1 min 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 1 min ago
Buy Yes
7.4¢
Sell Yes
3¢
$100 on Yes pays
$1,351 (13.5x)
Volume
$108K
Trade this on Kalshi
6,300 or below
7.1%
Kalshi 7.1%polled, 1 min agoBest Yes 10.8¢ on Kalshi, $100 pays $926 (9.26x)
Kalshi
Contract
6,300 or below
Last price
7.1%
As of
Polled 1 min ago
Buy Yes
10.8¢
Sell Yes
6.3¢
$100 on Yes pays
$926 (9.26x)
Volume
$227K
Trade this on Kalshi
6,100 or below
6.8%
Kalshi 6.8%polled, 1 min agoBest Yes 6.8¢ on Kalshi, $100 pays $1,471 (14.7x)
Kalshi
Contract
6,100 or below
Last price
6.8%
As of
Polled 1 min ago
Buy Yes
6.8¢
Sell Yes
3.6¢
$100 on Yes pays
$1,471 (14.7x)
Volume
$85K
Trade this on Kalshi
Below 4.20%
5.4%
Polymarket 5.4%polled, 30s agoBest Yes 6.1¢ on Polymarket, $100 pays $1,639 (16.4x)
Polymarket
Contract
Below 4.20%
Last price
5.4%
As of
Polled just now
Buy Yes
6.1¢
Sell Yes
4.6¢
$100 on Yes pays
$1,639 (16.4x)
Volume
$8K
Trade this on Polymarket
Below 4.30%
5.4%
Polymarket 5.4%polled, 30s agoBest Yes 6.3¢ on Polymarket, $100 pays $1,587 (15.9x)
Polymarket
Contract
Below 4.30%
Last price
5.4%
As of
Polled just now
Buy Yes
6.3¢
Sell Yes
4.4¢
$100 on Yes pays
$1,587 (15.9x)
Volume
$13K
Trade this on Polymarket
Below 4.25%
4.6%
Polymarket 4.6%polled, 30s agoBest Yes 5¢ on Polymarket, $100 pays $2,000 (20.0x)
Polymarket
Contract
Below 4.25%
Last price
4.6%
As of
Polled just now
Buy Yes
5¢
Sell Yes
4.2¢
$100 on Yes pays
$2,000 (20.0x)
Volume
$5K
Trade this on Polymarket
Below 4.00%
4.5%
Polymarket 4.5%polled, 30s agoBest Yes 5¢ on Polymarket, $100 pays $2,000 (20.0x)
Polymarket
Contract
Below 4.00%
Last price
4.5%
As of
Polled just now
Buy Yes
5¢
Sell Yes
3.9¢
$100 on Yes pays
$2,000 (20.0x)
Volume
$7K
Trade this on Polymarket
5,900 or below
4.4%
Kalshi 4.4%polled, 1 min 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 1 min ago
Buy Yes
4.4¢
Sell Yes
2¢
$100 on Yes pays
$2,273 (22.7x)
Volume
$357K
Trade this on Kalshi
Below 4.10%
4.1%
Polymarket 4.1%polled, 30s agoBest Yes 4.6¢ on Polymarket, $100 pays $2,174 (21.7x)
Polymarket
Contract
Below 4.10%
Last price
4.1%
As of
Polled just now
Buy Yes
4.6¢
Sell Yes
3.6¢
$100 on Yes pays
$2,174 (21.7x)
Volume
$10K
Trade this on Polymarket
6% or above
1%
Kalshi 1%polled, 30s 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, source: home.treasury.gov
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.

  • 5.3% or above
  • 4.75% or above
  • 5% 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.

Polymarket

Polymarket doesn’t list 5.3% or above for this event.

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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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 5-year Treasury yield get before 2027?". 5.3% or above leads at 99%. Next is 4.75% or above at 87%. $1.2M has traded across 26 outcomes on Kalshi and Polymarket. The market is expected to resolve by Dec 31, 2026.

This market will resolve to "Yes" if the Treasury 5-year yield is lower than the listed value for any date between September 3, 2026 and December 31, 2026. Otherwise this market will resolve to "No". This market will resolve as soon as the Treasury 5-year yield is lower than the listed value, or once data is available for December 31, 2026. If no qualifying value is published and data is not available for December 31, 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 "5 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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