How low will the 10Y US Treasury yield get by Oct 30, 2026: PBE moves “4.97% or below” up to 46% from 17%
New Treasury data reached the model between 20:08 UTC and 19:50 UTC on Oct 29. Same model version, later data cutoff: here is exactly which inputs changed.
Data illustration generated by PropBetEdge Predictions from this story’s evidence
4.97% or below · pbe-rates-path@1.0.0 · 20:08 UTC → 19:50 UTC
How low will the 10Y US Treasury yield get by Oct 30, 2026?
4.97% or below · WINDOW OPEN · OBSERVING
- UPDATE · Oct 29 19:54Z PBE 17% pbe-rates-path@1.0.0 · data cutoff Oct 28 23:59Z
- UPDATE · Oct 29 20:00Z PBE 46% pbe-rates-path@1.0.0 · data cutoff Oct 29 20:00Z
Quick read
- pbe-rates-path@1.0.0 moved “4.97% or below” from 17% to 46% (+29 pts).
- Later data cutoff: Oct 28 20:08Z → Oct 29 19:50Z; same model version, so the move reflects inputs, not a model change.
- Primary inputs changed: Daily volatility (EWMA), Latest official par yield, Period high/low so far, 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 28 20:08Z (data cutoff Oct 28 20:08Z) and the one at Oct 29 19:50Z (cutoff Oct 29 19:50Z), the same model version — pbe-rates-path@1.0.0 — moved “4.97% or below” from 17% to 46%. The model inputs that changed: Daily volatility (EWMA) from 5.4 bp to 5.4 bp; Latest official par yield from 5.05% to 4.98%; Period high/low so far from 4.99% to 4.98%; Business days left from 2 to 1.
| Input | Before | After | Primary |
|---|---|---|---|
| Daily volatility (EWMA) | 5.4 bp | 5.4 bp | yes |
| last_published_date | 2026-10-28 | 2026-10-29 | — |
| Latest official par yield | 5.05% | 4.98% | yes |
| Period high/low so far | 4.99% | 4.98% | yes |
| Business days left | 2 | 1 | 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 23 23:06Z | PBE pbe-rates-path@1.0.0 | 63 |
| Oct 25 23:40Z | Kalshi mid | 63 |
| Oct 26 02:56Z | Kalshi mid | 79 |
| Oct 26 03:00Z | Kalshi mid | 79 |
| Oct 26 04:00Z | Kalshi mid | 79 |
| Oct 26 14:16Z | Kalshi mid | 84 |
| Oct 26 19:56Z | PBE pbe-rates-path@1.0.0 | 58 |
| Oct 26 19:58Z | PBE pbe-rates-path@1.0.0 | 63 |
| Oct 26 20:06Z | PBE pbe-rates-path@1.0.0 | 58 |
| Oct 26 20:10Z | PBE pbe-rates-path@1.0.0 | 63 |
| Oct 26 20:12Z | PBE pbe-rates-path@1.0.0 | 58 |
| Oct 26 23:08Z | Kalshi mid | 75 |
| Oct 26 23:10Z | Kalshi mid | 76 |
| Oct 26 23:24Z | Kalshi mid | 75 |
| Oct 26 23:26Z | Kalshi mid | 76 |
| Oct 27 00:34Z | Kalshi mid | 66 |
| Oct 27 00:48Z | Kalshi mid | 73 |
| Oct 27 02:18Z | Kalshi mid | 78 |
| Oct 27 03:08Z | Kalshi mid | 81 |
| Oct 27 03:10Z | Kalshi mid | 82 |
| Oct 27 03:16Z | Kalshi mid | 80 |
| Oct 27 03:32Z | Kalshi mid | 83 |
| Oct 27 03:38Z | Kalshi mid | 81 |
| Oct 27 03:42Z | Kalshi mid | 88 |
| Oct 27 03:44Z | Kalshi mid | 89 |
| Oct 27 04:08Z | Kalshi mid | 87 |
| Oct 27 04:10Z | Kalshi mid | 89 |
| Oct 27 05:06Z | Kalshi mid | 87 |
| Oct 27 05:08Z | Kalshi mid | 88 |
| Oct 27 05:50Z | Kalshi mid | 89 |
| Oct 27 06:00Z | Kalshi mid | 88 |
| Oct 27 06:02Z | Kalshi mid | 88 |
| Oct 27 06:42Z | Kalshi mid | 89 |
| Oct 27 07:00Z | Kalshi mid | 88 |
| Oct 27 07:16Z | Kalshi mid | 87 |
| Oct 27 08:46Z | Kalshi mid | 89 |
| Oct 27 10:20Z | Kalshi mid | 89 |
| Oct 27 11:16Z | Kalshi mid | 89 |
| Oct 27 11:18Z | Kalshi mid | 90 |
| Oct 27 18:18Z | Kalshi mid | 90 |
| Oct 27 18:20Z | Kalshi mid | 91 |
| Oct 27 19:56Z | PBE pbe-rates-path@1.0.0 | 60 |
| Oct 27 20:02Z | PBE pbe-rates-path@1.0.0 | 58 |
| Oct 27 20:04Z | PBE pbe-rates-path@1.0.0 | 60 |
| Oct 28 19:50Z | PBE pbe-rates-path@1.0.0 | 17 |
| Oct 28 19:52Z | PBE pbe-rates-path@1.0.0 | 60 |
| Oct 28 19:56Z | PBE pbe-rates-path@1.0.0 | 17 |
| Oct 28 19:58Z | PBE pbe-rates-path@1.0.0 | 60 |
| Oct 28 20:00Z | PBE pbe-rates-path@1.0.0 | 17 |
| Oct 28 20:02Z | PBE pbe-rates-path@1.0.0 | 60 |
| Oct 28 20:04Z | PBE pbe-rates-path@1.0.0 | 17 |
| Oct 28 20:06Z | PBE pbe-rates-path@1.0.0 | 60 |
| Oct 28 20:08Z | PBE pbe-rates-path@1.0.0 | 17 |
| Oct 29 19:50Z | PBE pbe-rates-path@1.0.0 | 46 |
A comparable market observation was not captured with both snapshots, so no market move is stated.
The two snapshots
| Earlier | Later | |
|---|---|---|
| Captured | Oct 28 20:08Z | Oct 29 19:50Z |
| Data cutoff | Oct 28 20:08Z | Oct 29 19:50Z |
| Guidance runs | — | — |
| PBE | 17% | 46% |
| Market at capture | — | — |
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
- 7f030391-b4e9-4109-8181-e2ac6be9e514
- Compared with
- fce56a9b-ef0e-4ede-af53-048bef64d7d9
- Captured
- Oct 29 19:50Z
- Data cutoff
- Oct 29 19:50Z
- 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 2026-10-23..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.