Coinbase Traders Bet on 10Y US Treasury Yield by September 2026
The 10Y US Treasury yield is a key indicator of interest rates in the US economy. Coinbase, a popular cryptocurrency exchange, has created a market for predicting this yield by September 30, 2026.
A user can place a bet on whether the yield will be above or below a certain threshold at that time. The price of each contract reflects the market's chances of it happening, with $0.65 USD indicating a 65% probability.
The contracts are settled based on an independent, regulated exchange that verifies the outcome using official data, prices, or credible news sources. If the yield is above the threshold, the user wins $1 for each contract, minus the initial cost and any fees.