# Odds

Source: https://www.yieldcurve.pro/odds

This page displays implied probabilities from prediction markets for Treasury
rate outcomes. Data is sourced from Kalshi and Polymarket.



The landing page shows summary tables grouped by **Levels**, **Slopes**, and
**Fed Funds** markets. Click any row to see the full detail page with
outcome probabilities.

Each outcome row on a detail page has a **+** button. Click it to set a
probability alert: choose whether you want to be notified when the market-implied
probability crosses above or below a threshold you specify (e.g., alert me when the
probability of a Fed rate cut exceeds 70%). You receive an email the moment the
condition is met. One credit is deducted per alert fired. Credits can be purchased
from the <a href="/pricing">pricing page</a>.

Markets covered

* **Fed Funds Rate** - FOMC meeting outcome markets (rate cuts, holds, hikes)
* **10Y Daily / Weekly Yield** - bracket markets on the 10-year Treasury yield
* **UST Par Yield Curve** - quarterly 2Y, 5Y, 10Y, and 30Y par yield levels
* **3Mo T-Bill Yield** - quarterly 3-month Treasury bill yield
* **10Y-2Y / 10Y-3M Spreads** - yield curve spread threshold markets

Each detail page shows

* **Outcome** - the strike level or bracket being priced
* **Odds** - market-implied probability displayed as a bar, from last trade or best ask
* **Volume** - total contracts traded, shown below the outcomes table
* **Chart** - trailing yield or spread history, shown below the outcomes for Level and Slope markets

**Notes**

* probabilities reflect market consensus, not forecasts
* data is sourced directly from Kalshi and Polymarket; refresh frequency is determined by each venue
* click "View on Kalshi" or "View on Polymarket" to see the full market
* click the **+** button on any outcome row to set a probability alert; 1 credit is charged when the alert fires

**Use Cases**

* gauge market expectations for Treasury yield movements
* compare prediction market odds with yield curve signals
* monitor curve spread and steepening/flattening probabilities

**Further Reading**

* <a href="https://kalshi.com/category/financials/treasuries" target="_blank">Kalshi Treasury Markets</a>
* <a href="https://polymarket.com" target="_blank">Polymarket</a>
* <a href="/learn/fed-funds-rate">Fed Funds Rate</a>
* <a href="/learn/par-rate">Par Rate</a>
