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Economy & Rates

Current economy and rates movers, recent explanations, and context for inflation, Fed decisions, jobs data, growth, and policy calendars.

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Context

Why these markets move

Economy and rates markets usually cluster around scheduled releases: CPI, jobs, GDP, FOMC decisions, speeches, and revisions. Durable context starts with the calendar, then checks whether market moves match official data.

Signals to watch

  • CPI, jobs, GDP, and revision calendars
  • FOMC statements and speeches
  • Treasury, dollar, and risk-asset confirmation signals

What changed recently

Recent reporting

All updates
Plunge

Will the Bank of Canada increase the target for the overnight rate by 25 bps at the October interest rate anno… — probability falls to 68.5%

The tracked probability fell to 68.5%, down 3.1 percentage points from 71.65% in the latest observation window. No evidence-qualified public source was supplied, so this remains a monitoring note rather than a causal explanation.

Plunge

Will the 10-year Treasury yield dip below 5.05% in October? — probability falls to 53.5%

The tracked probability fell to 53.5%, down 3.5 percentage points from 57% in the latest observation window. No evidence-qualified public source was supplied, so this remains a monitoring note rather than a causal explanation.

Surge

Will the 10-year Treasury yield dip below 5.05% in October? — probability rises to 57%

The tracked probability rose to 57%, up 11.0 percentage points from 46% in the latest observation window. No evidence-qualified public source was supplied, so this remains a monitoring note rather than a causal explanation.

Plunge

Will the 10-year Treasury yield dip below 5.05% in October? — probability falls to 43.5%

The tracked probability fell to 43.5%, down 4.0 percentage points from 47.5% in the latest observation window. No evidence-qualified public source was supplied, so this remains a monitoring note rather than a causal explanation.

Plunge

Will the 10-year Treasury yield dip below 5.05% in October? — probability falls to 48%

The tracked probability fell to 48%, down 3.5 percentage points from 51.5% in the latest observation window. No evidence-qualified public source was supplied, so this remains a monitoring note rather than a causal explanation.

Surge

Will the 10-year Treasury yield dip below 5.05% in October? — probability rises to 51.5%

The tracked probability rose to 51.5%, up 9.0 percentage points from 42.5% in the latest observation window. No evidence-qualified public source was supplied, so this remains a monitoring note rather than a causal explanation.

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Economy

Will gas be below $3.75 in any state on...?

Will gas be below $3.75/gallon in any state on October 31?

79%

Largest 24h move

+16.5 pp

24h volume

$894.2

Latest: Probability moved from 71% to 79% (+8 percentage points). Observations were 3 hours 19 minutes 59 seconds apart: 2026-10-20 17:31:56 UTC to 2026-10-20 20:51:55 UTC.

Economy

Will gas be below $3.75/gallon in any state on October 31?

Yes

79%

No

22%

Leader 24h

+16.5 pp

24h volume

$894.2

Economy

Bank of Canada Decision in October?

Will the Bank of Canada increase the target for the overnight rate by 25 bps at the October interest rate announcement?

69%

Will the Bank of Canada make no change to the target for the overnight rate at the October interest rate announcement?

30%

Largest 24h move

-10.5 pp

24h volume

$40.9K

Latest: Probability moved from 71.65% to 68.5% (-3.15 percentage points). Observations were 2 hours 25 minutes 23 seconds apart: 2026-10-21 07:04:50 UTC to 2026-10-21 09:30:13 UTC.

Economy

Will the Bank of Canada make no change to the target for the overnight rate at the October interest rate announcement?

Yes

30%

No

70%

Leader 24h

-10.5 pp

24h volume

$23.4K

Economy

Will the Bank of Canada increase the target for the overnight rate by 25 bps at the October interest rate announcement?

Yes

69%

No

32%

Leader 24h

+8.3 pp

24h volume

$17.4K

Economy

How low will 10-year Treasury yield get in October?

Will the 10-year Treasury yield dip below 5.05% in October?

54%

Largest 24h move

-5.0 pp

24h volume

$271.1

Latest: Probability moved from 57% to 53.5% (-3.5 percentage points). Observations were 2 hours 25 minutes 23 seconds apart: 2026-10-21 07:04:50 UTC to 2026-10-21 09:30:13 UTC.

Economy

Will the 10-year Treasury yield dip below 5.05% in October?

Yes

54%

No

47%

Leader 24h

-5.0 pp

24h volume

$271.1

Economy

Japan Core CPI YoY in 2026

Will Japan's core CPI increase by between 2.0 and 2.4% in 2026?

67%

Will Japan's core CPI increase by less than or equal to 1.9% in 2026?

28%

Largest 24h move

+1.3 pp

24h volume

$1.8K

Latest: Probability moved from 70.05% to 66.5% (-3.55 percentage points). Observations were 14 minutes 2 seconds apart: 2026-10-20 17:17:53 UTC to 2026-10-20 17:31:56 UTC.

Economy

Will Japan's core CPI increase by less than or equal to 1.9% in 2026?

Yes

28%

No

72%

Leader 24h

+1.3 pp

24h volume

$466.2

Economy

Will Japan's core CPI increase by between 2.0 and 2.4% in 2026?

Yes

67%

No

33%

Leader 24h

-2.1 pp

24h volume

$1.3K