5-year U.S. Treasury Up or Down – 15 minutes
Target yield: TBD or above55¢
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Target yield: TBD or above
55¢
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Trading hours
24 hours a day, except Thursday 3AM-5AM ETContract resolves
Determines the outcome of the contractPayout
Usually within 1 hour of event resolutionAbout
Will the yield of the 5-year U.S. Treasury be at or above the TBD target yield at the end of the 15-minute window?Outcome verified from PythThe market resolves based on the closing yield of the one-minute Pyth candlestick for 5-year U.S. Treasury ending at 3:45 PM EDT on Oct 28, 2026. The 5-year U.S. Treasury refers to the US5Y, the current on-the-run benchmark of the 5-year U.S. Treasury Note as identified on the Source Agency. Revisions to the Underlying made after Expiration will not be accounted for in determining the Expiration Value.The settlement value is rounded to the nearest 5 decimal places.Yields are expressed as annualized percentages.The opening target and settlement yield each use the closing yield of the one-minute Pyth candlestick immediately preceding their observation time. For a 4:45–5:00 PM EDT market, the opening target uses the candle timestamped 4:44 PM, ending at 4:45 PM; settlement uses the candle timestamped 4:59 PM, ending at 5:00 PM. Candlesticks are timestamped by their start time.If reliable Pyth data is unavailable, the contract’s no-data provisions apply. Get $1 for every contract you own if your prediction is correct. Or close your position before the event resolves. Additional fees apply. Read the full contract terms and conditions
Trading prohibitions
- Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
- Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.
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Read the Event Contracts Risk Disclosure for more information about the risks associated with event contracts.
Live data is for informational purposes only. It maybe delayed or incorrect.
Event contracts are offered by Robinhood Derivatives, LLC through either KalshiEX LLC, ForecastEX, LLC, Rothera Exchange and Clearing LLC, or North American Derivatives Exchange, Inc.