Waiting for the feed…
One of the outcomes of “Another Fed rate hike in 2026?”. Outcomes: Yes / No. Catalogue status: active.
This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between September 17, 2026 and the completion of the Fed's December 2026 meeting, currently scheduled for December 8 to 9, 2026, inclusive of any rate hike announced as a result of the December meeting. Otherwise, this market will resolve to “No”. Any change to the target federal funds rate announced at the conclusion of the September 15 to 16, 2026 FOMC meeting will not count toward this market. Emergency rate hikes announced on or after September 17, 2026 will qualify. This market may not resolve to "No" until the Fed has released its rate change decision following its December meeting. The primary resolution source for this market will be the official website of the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm), however a consensus of credible reporting may also be used.
The committee calendar is the whole trade. There are eleven session days before the recess and the bill is not on the docket — anything that slips past October has to survive a lame-duck floor fight.
Same read. I bought No at 22 and I am not touching it until the calendar changes.
The discharge petition is the tail risk everyone here keeps forgetting about.
Industry groups are spending real money on this and the Treasury buyback headline gave the whole sector cover. The current price feels two or three points too cheap even with calendar risk.
Watch the Senate companion. If it is not marked up by mid-September this market goes to 5% and the spread will not let you out cleanly.
Resolution language matters here: an amended bill that keeps the number still counts. That is a meaningfully wider path to Yes than people are pricing.
