If the yield curve par rate for 10-year U.S. treasury note is below 4.38 % on Jun 10, 2026, then the market resolves toYes. Outcome verified from U.S. Department of the Treasury.
The market will expire at the sooner of the first 7:00 PM ET following the data release for Jun 10, 2026, or one week following Jun 10, 2026.
Note: this event is mutually exclusive.
Timeline and payout
Market openJun 9, 2026 · 4:30pm EDT
Market closesJun 10, 2026 · 3:25pm EDT
Projected payoutJun 10, 2026 · 4:25pm EDT
SeriesKXTNOTED
EventKXTNOTED-26JUN10
MarketKXTNOTED-26JUN10-T4.38
Insider trading is prohibited
The following are prohibited from trading this contract:
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.
About
The 10-year Treasury yield is a critical economic indicator, closely monitored by investors and economists worldwide. It represents the return investors can expect when they buy these government bonds, which are considered among the safest investments. The yield serves as a benchmark for other interest rates, influencing various economic and financial conditions, from mortgage rates to the cost of borrowing for corporations. Its movements are a barometer of broader economic health, reflecting investor sentiment about future inflation, growth prospects, and the US Federal Reserve’s monetary policy actions.