How low will the 10-year US Treasury yield get by Oct 30, 2026: PBE moves “5.23% or below” up to 75% from 63%
New Treasury data reached the model between 19:50 UTC and 19:54 UTC on Oct 6. Same model version, later data cutoff: here is exactly which inputs changed.
Data illustration generated by PropBetEdge Predictions from this story’s evidence
5.23% or below · pbe-rates-path@1.0.0 · 19:50 UTC → 19:54 UTC
How low will the 10-year US Treasury yield get by Oct 30, 2026?
5.23% or below · WINDOW OPEN · OBSERVING
Quick read
- pbe-rates-path@1.0.0 moved “5.23% or below” from 63% to 75% (+12 pts).
- Later data cutoff: Oct 5 19:50Z → Oct 6 19:54Z; same model version, so the move reflects inputs, not a model change.
- Primary inputs changed: Daily volatility (EWMA), Latest official par yield, Business days left.
- A comparable market observation was not captured with both snapshots, so no market move is stated.
What changed in the inputs
Between the snapshot captured at Oct 5 19:50Z (data cutoff Oct 5 19:50Z) and the one at Oct 6 19:54Z (cutoff Oct 6 19:54Z), the same model version — pbe-rates-path@1.0.0 — moved “5.23% or below” from 63% to 75%. The model inputs that changed: Daily volatility (EWMA) from 5.0 bp to 4.9 bp; Latest official par yield from 5.31% to 5.27%; Business days left from 18 to 17.
| Input | Before | After | Primary |
|---|---|---|---|
| Daily volatility (EWMA) | 5.0 bp | 4.9 bp | yes |
| last_published_date | 2026-10-05 | 2026-10-06 | — |
| Latest official par yield | 5.31% | 5.27% | yes |
| Business days left | 18 | 17 | yes |
This page reports which stored inputs differ between two immutable forecasts. It does not claim why the underlying yields changed.
The forecast path
Data table
| Time (UTC) | Source | Value % |
|---|---|---|
| Oct 3 19:30Z | PBE pbe-rates-path@1.0.0 | 73 |
| Oct 3 19:30Z | Kalshi mid | 90 |
| Oct 3 19:45Z | Kalshi mid | 90 |
| Oct 3 20:00Z | Kalshi mid | 90 |
| Oct 3 20:45Z | Kalshi mid | 89 |
| Oct 3 21:00Z | Kalshi mid | 89 |
| Oct 3 21:30Z | Kalshi mid | 90 |
| Oct 3 22:00Z | Kalshi mid | 90 |
| Oct 3 23:00Z | Kalshi mid | 90 |
| Oct 4 00:00Z | Kalshi mid | 90 |
| Oct 4 01:00Z | Kalshi mid | 90 |
| Oct 4 01:30Z | Kalshi mid | 90 |
| Oct 4 02:00Z | Kalshi mid | 90 |
| Oct 4 03:00Z | Kalshi mid | 90 |
| Oct 4 04:00Z | Kalshi mid | 90 |
| Oct 4 09:15Z | Kalshi mid | 84 |
| Oct 5 00:08Z | Kalshi mid | 86 |
| Oct 5 02:06Z | Kalshi mid | 85 |
| Oct 5 02:08Z | Kalshi mid | 86 |
| Oct 5 03:10Z | Kalshi mid | 86 |
| Oct 5 05:06Z | Kalshi mid | 85 |
| Oct 5 05:08Z | Kalshi mid | 86 |
| Oct 5 07:06Z | Kalshi mid | 86 |
| Oct 5 09:08Z | Kalshi mid | 86 |
| Oct 5 09:40Z | Kalshi mid | 88 |
| Oct 5 10:08Z | Kalshi mid | 87 |
| Oct 5 11:08Z | Kalshi mid | 87 |
| Oct 5 13:08Z | Kalshi mid | 87 |
| Oct 5 15:44Z | Kalshi mid | 96 |
| Oct 5 19:44Z | Kalshi mid | 32 |
| Oct 5 19:50Z | PBE pbe-rates-path@1.0.0 | 63 |
| Oct 6 03:26Z | Kalshi mid | 71 |
| Oct 6 03:40Z | Kalshi mid | 70 |
| Oct 6 03:44Z | Kalshi mid | 71 |
| Oct 6 03:46Z | Kalshi mid | 72 |
| Oct 6 03:58Z | Kalshi mid | 72 |
| Oct 6 04:01Z | Kalshi mid | 71 |
| Oct 6 04:06Z | Kalshi mid | 72 |
| Oct 6 04:36Z | Kalshi mid | 72 |
| Oct 6 05:01Z | Kalshi mid | 72 |
| Oct 6 05:20Z | Kalshi mid | 72 |
| Oct 6 05:24Z | Kalshi mid | 71 |
| Oct 6 06:02Z | Kalshi mid | 72 |
| Oct 6 06:12Z | Kalshi mid | 73 |
| Oct 6 07:04Z | Kalshi mid | 74 |
| Oct 6 09:36Z | Kalshi mid | 81 |
| Oct 6 11:44Z | Kalshi mid | 83 |
| Oct 6 13:24Z | Kalshi mid | 76 |
| Oct 6 13:56Z | Kalshi mid | 73 |
| Oct 6 14:00Z | Kalshi mid | 73 |
| Oct 6 15:42Z | Kalshi mid | 83 |
| Oct 6 19:54Z | PBE pbe-rates-path@1.0.0 | 75 |
A comparable market observation was not captured with both snapshots, so no market move is stated.
The two snapshots
| Earlier | Later | |
|---|---|---|
| Captured | Oct 5 19:50Z | Oct 6 19:54Z |
| Data cutoff | Oct 5 19:50Z | Oct 6 19:54Z |
| Guidance runs | — | — |
| PBE | 63% | 75% |
| Market at capture | 32% | — |
Evidence & method
What this story is based on. Every value above was read from these immutable records.
- Model
- pbe-rates-path@1.0.0 · RESEARCH
- Snapshot
- 713ea21f-5398-4506-89f2-6aa4273713e7
- Compared with
- d197786a-3b59-4940-809f-49e3adbe4eae
- Captured
- Oct 6 19:54Z
- Data cutoff
- Oct 6 19:54Z
- Source families
- U.S. Department of the Treasury · PBE calibration rates-path-v1 (standardized daily changes 1962-2017)
- Resolves on
- U.S. Department of the Treasury (Daily Treasury Par Yield Curve Rates) — Daily Treasury Par Yield Curve Rate, 10-year tenor, first published value per business day
- Independent check
- FRED DGS10 (H.15 constant maturity, same Treasury curve)
- Measurement
- Daily par yield for the 10-year tenor on each business day 2026-10-01..2026-10-30; intraday values not considered
- Rounding
- Yields as published (two decimals)
- Exceptions
- The market may expire early once the threshold is met · First published value per business day governs unless the Exchange finds a material error
- Random-walk drift assumption; no macro-release calendar effects yet
- Contracts already decided by the published path are not forecast
Rates · Treasury yield paths — inputs: Official Daily Treasury Par Yield Curve (settlement source); EWMA volatility x bootstrapped historical daily changes. This model on the research board →
Market prices are a benchmark only and never enter a PropBetEdge model. Research-stage probabilities; not advice.