This market will resolve to “YES” if, as reported by the U.S. Department of the Treasury, the yield curve par rate for the 10-year U.S. Treasury note is above 5.00% on any day on or before December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “NO.”

The resolution source for this market will be the official daily Treasury par yield curve rate for the 10-year U.S. Treasury note, as published by the U.S. Department of the Treasury on their website: https://www.treasury.gov/resource-center/data-chart-center/interest-rates/pages/textview.aspx?data=yield.

Data is typically updated each trading day by 6:00 PM ET and is not released on U.S. federal holidays.

This market may resolve as soon as the U.S. Department of the Treasury updates its official data with a qualifying value. The resolution will be based on the first published value and will not account for later revisions.