How low will the 7-year US Treasury yield get in Nov 2026: PBE moves “4.75% or below” up to 81% from 59%
New Treasury data reached the model between 21:14 UTC and 20:50 UTC on Nov 4. Same model version, later data cutoff: here is exactly which inputs changed.
Data illustration generated by PropBetEdge Predictions from this story’s evidence
4.75% or below · pbe-rates-path@1.0.0 · 21:14 UTC → 20:50 UTC
How low will the 7-year US Treasury yield get in Nov 2026?
4.75% or below · WINDOW OPEN · OBSERVING
- UPDATE · Nov 4 20:52Z PBE 59% pbe-rates-path@1.0.0 · data cutoff Nov 3 23:59Z
- UPDATE · Nov 4 20:58Z PBE 81% pbe-rates-path@1.0.0 · data cutoff Nov 4 20:58Z
- UPDATE · Nov 4 21:08Z PBE 59% pbe-rates-path@1.0.0 · data cutoff Nov 3 23:59Z
- UPDATE · Nov 4 21:10Z PBE 81% pbe-rates-path@1.0.0 · data cutoff Nov 4 21:10Z
Quick read
- pbe-rates-path@1.0.0 moved “4.75% or below” from 59% to 81% (+22 pts).
- Later data cutoff: Nov 3 21:14Z → Nov 4 20:50Z; 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 Nov 3 21:14Z (data cutoff Nov 3 21:14Z) and the one at Nov 4 20:50Z (cutoff Nov 4 20:50Z), the same model version — pbe-rates-path@1.0.0 — moved “4.75% or below” from 59% to 81%. The model inputs that changed: Daily volatility (EWMA) from 5.5 bp to 5.5 bp; Latest official par yield from 4.83% to 4.77%; Period high/low so far from 4.79% to 4.77%; Business days left from 17 to 16.
| Input | Before | After | Primary |
|---|---|---|---|
| Daily volatility (EWMA) | 5.5 bp | 5.5 bp | yes |
| last_published_date | 2026-11-03 | 2026-11-04 | — |
| Latest official par yield | 4.83% | 4.77% | yes |
| Period high/low so far | 4.79% | 4.77% | yes |
| Business days left | 17 | 16 | 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 % |
|---|---|---|
| Nov 1 04:00Z | PBE pbe-rates-path@1.0.0 | 73 |
| Nov 2 20:48Z | PBE pbe-rates-path@1.0.0 | 76 |
| Nov 2 20:50Z | PBE pbe-rates-path@1.0.0 | 73 |
| Nov 2 20:52Z | PBE pbe-rates-path@1.0.0 | 76 |
| Nov 2 20:56Z | PBE pbe-rates-path@1.0.0 | 73 |
| Nov 2 20:58Z | PBE pbe-rates-path@1.0.0 | 76 |
| Nov 3 20:48Z | PBE pbe-rates-path@1.0.0 | 59 |
| Nov 3 20:54Z | PBE pbe-rates-path@1.0.0 | 76 |
| Nov 3 20:56Z | PBE pbe-rates-path@1.0.0 | 59 |
| Nov 3 20:58Z | PBE pbe-rates-path@1.0.0 | 76 |
| Nov 3 21:00Z | PBE pbe-rates-path@1.0.0 | 59 |
| Nov 3 21:02Z | PBE pbe-rates-path@1.0.0 | 76 |
| Nov 3 21:04Z | PBE pbe-rates-path@1.0.0 | 59 |
| Nov 3 21:12Z | PBE pbe-rates-path@1.0.0 | 76 |
| Nov 3 21:14Z | PBE pbe-rates-path@1.0.0 | 59 |
| Nov 4 20:50Z | PBE pbe-rates-path@1.0.0 | 81 |
A comparable market observation was not captured with both snapshots, so no market move is stated.
The two snapshots
| Earlier | Later | |
|---|---|---|
| Captured | Nov 3 21:14Z | Nov 4 20:50Z |
| Data cutoff | Nov 3 21:14Z | Nov 4 20:50Z |
| Guidance runs | — | — |
| PBE | 59% | 81% |
| 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
- ae7609c4-6356-4ef3-b552-b2f57112321f
- Compared with
- 2fe2d58a-42d4-4e46-9661-d6d6cbfb32a0
- Captured
- Nov 4 20:50Z
- Data cutoff
- Nov 4 20:50Z
- 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, 7-year tenor, first published value per business day
- Independent check
- FRED DGS7 (H.15 constant maturity, same Treasury curve)
- Measurement
- Daily par yield for the 7-year tenor on each business day 2026-11-01..2026-11-30; 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.