How low will the 7-year US Treasury yield get in Nov 2026: PBE moves “4.66% or below” down to 57% from 73%
New Treasury data reached the model between 21:04 UTC and 20:52 UTC on Nov 6. Same model version, later data cutoff: here is exactly which inputs changed.
Data illustration generated by PropBetEdge Predictions from this story’s evidence
4.66% or below · pbe-rates-path@1.0.0 · 21:04 UTC → 20:52 UTC
How low will the 7-year US Treasury yield get in Nov 2026?
4.66% or below · WINDOW OPEN · OBSERVING
- UPDATE · Nov 6 20:58Z PBE 73% pbe-rates-path@1.0.0 · data cutoff Nov 5 23:59Z
- UPDATE · Nov 6 21:00Z PBE 57% pbe-rates-path@1.0.0 · data cutoff Nov 6 21:00Z
- UPDATE · Nov 6 21:04Z PBE 73% pbe-rates-path@1.0.0 · data cutoff Nov 5 23:59Z
- UPDATE · Nov 6 21:08Z PBE 57% pbe-rates-path@1.0.0 · data cutoff Nov 6 21:08Z
- UPDATE · Nov 6 21:14Z PBE 73% pbe-rates-path@1.0.0 · data cutoff Nov 5 23:59Z
- UPDATE · Nov 6 21:16Z PBE 57% pbe-rates-path@1.0.0 · data cutoff Nov 6 21:16Z
Quick read
- pbe-rates-path@1.0.0 moved “4.66% or below” from 73% to 57% (−16 pts).
- Later data cutoff: Nov 5 21:04Z → Nov 6 20:52Z; 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 Nov 5 21:04Z (data cutoff Nov 5 21:04Z) and the one at Nov 6 20:52Z (cutoff Nov 6 20:52Z), the same model version — pbe-rates-path@1.0.0 — moved “4.66% or below” from 73% to 57%. The model inputs that changed: Daily volatility (EWMA) from 5.6 bp to 5.5 bp; Latest official par yield from 4.7% to 4.74%; Business days left from 15 to 14.
| Input | Before | After | Primary |
|---|---|---|---|
| Daily volatility (EWMA) | 5.6 bp | 5.5 bp | yes |
| last_published_date | 2026-11-05 | 2026-11-06 | — |
| Latest official par yield | 4.7% | 4.74% | yes |
| Business days left | 15 | 14 | 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 | 46 |
| Nov 2 20:48Z | PBE pbe-rates-path@1.0.0 | 49 |
| Nov 2 20:50Z | PBE pbe-rates-path@1.0.0 | 46 |
| Nov 2 20:52Z | PBE pbe-rates-path@1.0.0 | 49 |
| Nov 2 20:56Z | PBE pbe-rates-path@1.0.0 | 46 |
| Nov 2 20:58Z | PBE pbe-rates-path@1.0.0 | 49 |
| Nov 3 20:48Z | PBE pbe-rates-path@1.0.0 | 36 |
| Nov 3 20:54Z | PBE pbe-rates-path@1.0.0 | 49 |
| Nov 3 20:56Z | PBE pbe-rates-path@1.0.0 | 36 |
| Nov 3 20:58Z | PBE pbe-rates-path@1.0.0 | 49 |
| Nov 3 21:00Z | PBE pbe-rates-path@1.0.0 | 36 |
| Nov 3 21:02Z | PBE pbe-rates-path@1.0.0 | 49 |
| Nov 3 21:04Z | PBE pbe-rates-path@1.0.0 | 36 |
| Nov 3 21:12Z | PBE pbe-rates-path@1.0.0 | 49 |
| Nov 3 21:14Z | PBE pbe-rates-path@1.0.0 | 36 |
| Nov 4 20:50Z | PBE pbe-rates-path@1.0.0 | 51 |
| Nov 4 20:52Z | PBE pbe-rates-path@1.0.0 | 36 |
| Nov 4 20:58Z | PBE pbe-rates-path@1.0.0 | 51 |
| Nov 4 21:08Z | PBE pbe-rates-path@1.0.0 | 36 |
| Nov 4 21:10Z | PBE pbe-rates-path@1.0.0 | 51 |
| Nov 5 20:50Z | PBE pbe-rates-path@1.0.0 | 73 |
| Nov 5 21:02Z | PBE pbe-rates-path@1.0.0 | 51 |
| Nov 5 21:04Z | PBE pbe-rates-path@1.0.0 | 73 |
| Nov 6 20:52Z | PBE pbe-rates-path@1.0.0 | 57 |
A comparable market observation was not captured with both snapshots, so no market move is stated.
The two snapshots
| Earlier | Later | |
|---|---|---|
| Captured | Nov 5 21:04Z | Nov 6 20:52Z |
| Data cutoff | Nov 5 21:04Z | Nov 6 20:52Z |
| Guidance runs | — | — |
| PBE | 73% | 57% |
| 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
- 8305b60e-6f06-4a3f-92e1-d045d4794632
- Compared with
- 645350ad-1b95-474c-bd63-6a06e5cd33fb
- Captured
- Nov 6 20:52Z
- Data cutoff
- Nov 6 20:52Z
- 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.