MARKET OVERVIEW

Will U.S. federal deficit-to-GDP for FY2026 be below 5%?

OPEN KALSHI··

CAUTIONWEAK DATAINSUFFICIENT CONFIDENCEMIXED LENS

Resolution rule: If the U.S.

WATCH: Market state may be stale or partially degraded.

MACRO · SINGLE_VENUE COVERAGEDATA 1087h AGO

RECOMMENDED LENSMIXEDINSUFFICIENT CONFIDENCE

Freshness is too weak to overstate actionability.

CORE VERDICTS

YES

2.5%

EDGE

INSUFFICIENT

CONFIDENCE

INSUFFICIENT

LIQUIDITY

UNKNOWN

RISK

WATCH

COMPARE SAFE

NOT_SAFE — single venue

WHY NOW

No acute driver detected.

INVALIDATION

If freshness or venue coverage worsens, displayed prices become less trustworthy as a decision input.

MULTIEvent Ladder

LOADING FAMILY WORKSPACE...

LAYOUT · MULTI OUTCOME · AUTO

MARKET SUMMARY

TRUST

WEAK

Confidence INSUFFICIENT. Calibration UNKNOWN. Quality WEAK.

CALIBRATION

UNKNOWN

QUALITY

WEAK

REGIME

NORMAL

EXECUTION

UNKNOWN

Tightest spread is 1.0¢.

BEST BUY

—

BEST SELL

—

VISIBLE DEPTH

NONE

BRACKET DISTRIBUTION

MODELED

NOW 3cHORIZON 48H

48h modeled price-bracket distribution for analysis only.

BRACKET INPUTS

PRICE3c

LIQUIDITYUNKNOWN

VOLINFERRED

MOMENTUMUNKNOWN

CATALYSTUNKNOWN

WALLET FLOWUNKNOWN

PROVENANCE

FRESHSTALE

AS OF09:16 UTC

COVERAGESINGLE VENUE COVERAGE

OWNERUNKNOWN

BELOW 1C

1C - 1C

18%

1C - 3C

28%

3C - 8C

30%

8C - 14C

12%

ABOVE 14C

ALERT HOOKS

SHADOW MISMATCH DTO

SINGLE VENUE · WATCH · MARKET DETAIL SIGNALS

CHANGE

NEXT CATALYST

—

CATALYST ETA

—

TOP DRIVER

CONFIDENCE insufficient

CONTEXT

TARGETED

Federal Reserve rate decision path

FOCUS

Federal Reserve rate decision path

WATCH

3 ITEMS

SOURCES

ACCESS

FULL DETAIL

WATCH

FOMC statement and target-range decision

Updated Summary of Economic Projections or dot plot

Front-end Treasury and fed funds reaction after the release

SOURCES

Federal Reserve FOMC Federal Reserve Press Releases FRED Policy Rates

COMPARISON

NOT_SAFE

Compare-safe state is not_safe.

COMPARE SAFE

NOT_SAFE

CONTRACT DIFF

NONE

COHERENCE

UNKNOWN

OTHER CONTRACTS

WATCH-ONLY

CHART

VENUEKLSH

MOVE—

RANGE—

FRESHUNKNOWN

PRICEUNKNOWN

LOFZDZ1 Q5B5M...

LOADING Q5B5M... // FX44D2 ░D // QLHY6█0KR

LOADING Q5B5M... // FX44D2 ░E // QLHY6█0KR

LOADING Q5B5M... // FX44D2 ░F // QLHY6█0KR

HISTORY BUILDING

Candle history has not accumulated yet.

Use the current quote, spread, and depth while the chart archive catches up.

YES

2.5%

SPREAD

1.0¢

VOL 24H

TRUTH / WATCH RAIL

LIVE TRUTH + WATCH ITEMS

STALE 1087H

Coverage intact

EXECUTION TICKET

LOFZDZ1 R2T78...

LOADING R2T78... // FX44D2 ░D // QLHY6█0KR

LOADING R2T78... // FX44D2 ░E // QLHY6█0KR

LOADING R2T78... // FX44D2 ░F // QLHY6█0KR

EXLYS13P▒ Y█3RZQ

EXECUTIP▒ Y█3RZQ // FX44D2 ░D // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 ░E // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 ░F // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 ░G // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 ░H // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 ░K // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 ░L // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 ░M // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 ░N // QLHY6█0KR

EXECUTIP▒ Y█3RZQ // FX44D2 0C // QLHY6█0KR

SUPPORT / EVIDENCE

THESIS

WHY NOW

No acute driver detected.

WATCH

If freshness or venue coverage worsens, displayed prices become less trustworthy as a decision input.

RULES

If the U.S. federal budget deficit as a percentage of GDP for fiscal year 2026, as reported in the U.S. Treasury / Office of Management and Budget Joint Statement on Budget Results for Fiscal Year 2026, is below 5%, then the market resolves to Yes.

RULE HISTORY

CONTEXT

MACRO CONTEXT

Federal Reserve rate decision path

Federal Reserve rate-decision context for this market.

WATCH

FOMC statement and target-range decision

Updated Summary of Economic Projections or dot plot

Front-end Treasury and fed funds reaction after the release

SOURCES

Federal Reserve FOMC

Federal Reserve Press Releases

+1 more sources in evidence

EVIDENCE

MARKET SUMMARY

END DATE

6mo 6d

TOTAL VOL 24H

—

TOTAL DEPTH

—

MARKET AGE

1 MONTH

PROVENANCE

INTEGRITYSingle selected venue — no cross-venue confirmation.

QUOTES

STALE · 2026-05-31 09:16 UTC

DERIVED

MISSING · No timestamp available

RULES

STALE · 2026-05-31 08:36 UTC

CONTEXT

MISSING · No timestamp available

AS OF

2026-05-31 09:16 UTC

COMPARISON DIGEST

No comparison summary available.

MISMATCH 1

single venue

SUP7L░E / F99HZHL▒

SUPPORT / F99HZHL▒ // 5LYY3W S3 // D97M█PT8E

SUPPORT / F99HZHL▒ // 5LYY3W S4 // D97M█PT8E

SUPPORT / F99HZHL▒ // 5LYY3W S5 // D97M█PT8E

SUPPORT / F99HZHL▒ // 5LYY3W S6 // D97M█PT8E

SUPPORT / F99HZHL▒ // 5LYY3W S7 // D97M█PT8E

SUPPORT / F99HZHL▒ // 5LYY3W S8 // D97M█PT8E

VISUAL ANALYTICS

MARKET PULSE

KLSH · SINGLE VENUE

WEAK DATASINGLE_VENUE COVERAGEAS OF 09:16 UTC

IMPLIED YES

2.5%

SPREAD 1.0¢

VOL 24H $0

0¢50¢100¢

SPREAD

1.0¢

DEPTH

NO DEPTH

FRESH

STALE

SELECTED VENUE IMPACT

PRICE IMPACT VS NOTIONAL

100·—·F0

1K·—·F0

10K·—·F0

LIQUIDITY PROFILE

BOOK SHAPE

KLSH BOOK

NO DEPTH · BALANCED

SPREAD

1.0¢

BALANCE

50 / 50

FILL

N/A

SLIPPAGE

BUY / SELL

BUY SLIPPAGE

—

SELL SLIPPAGE

—

SPREAD·1.0¢

FILL CONFIDENCE·N/A

BUY SLIPPAGE·—

SELL SLIPPAGE·—

VISUAL ANALYTICS

OWNERSHIP · FLOW · RELATIONS

OWN█P02G0 ▓2KR9LH█B

OWNERSHI0 ▓2KR9LH█B // K█77G5 2G // TPM▓9░3NV

OWNERSHI0 ▓2KR9LH█B // K█77G5 2H // TPM▓9░3NV

OWNERSHI0 ▓2KR9LH█B // K█77G5 2K // TPM▓9░3NV

OWNERSHI0 ▓2KR9LH█B // K█77G5 2L // TPM▓9░3NV

OWNERSHI0 ▓2KR9LH█B // K█77G5 2M // TPM▓9░3NV

OWNERSHI0 ▓2KR9LH█B // K█77G5 2N // TPM▓9░3NV

VI▓C5X 8▒▒PCMPXP

VISUAL 8▒▒PCMPXP // FX44D2 ░D // QLHY6█0KR

VISUAL 8▒▒PCMPXP // FX44D2 ░E // QLHY6█0KR

VISUAL 8▒▒PCMPXP // FX44D2 ░F // QLHY6█0KR

VISUAL 8▒▒PCMPXP // FX44D2 ░G // QLHY6█0KR

VISUAL 8▒▒PCMPXP // FX44D2 ░H // QLHY6█0KR

VISUAL 8▒▒PCMPXP // FX44D2 ░K // QLHY6█0KR

VISUAL 8▒▒PCMPXP // FX44D2 ░L // QLHY6█0KR

VISUAL 8▒▒PCMPXP // FX44D2 ░M // QLHY6█0KR