ManifoldMacro / FedUpdated 6m ago

Will the 2026 Nobel Prize in Literature go to a writer who writes mainly in English?

As of Sep 28, 2026, 10:07 AM ET, Manifold priced this market at 28.6% (down from 30.0% 24 hours earlier). It had Ṁ50 traded in the past 24 hours and Ṁ1K of order-book liquidity. probcast.co rates the support behind this price as moderate.

Market probability
28.6%
−1.4 percentage points
over 24 hours30.0% → 28.6%
9 days until the event deadline
Deadline: October 8, 2026 at 6:45 AM ET

A repricing with partial backing — read the new probability with some caution.

The pricing has partial support: moderate trading volume.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Moderate

The pricing has partial support: moderate trading volume.

Consensus stability

Has the market settled at the new probability?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$50 traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What could move this market next?

  • The market's deadline arrivesOctober 8, 2026 at 6:45 AM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Sep 28, 10:13 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±21 pts.

Thin marketLegacy movement classifier: watch

What's happening

medium classifier confidence
Thin market

Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.

  • Thin book and/or wide spread.

Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
11Low
Where the price path tends to go next997 observed
  • Illiquid / quiet98%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~18h
PredictabilityStable

Secondary read: leaning toward Resolving soon.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

Ṁ50

Liquidity

Ṁ1K

Total volume

Ṁ50

Category
Macro / Fed
Venue
Manifold
Open interest
—
Current probability
28.6%
7-day range
28.6% – 30.0%
Resolves
Oct 8, 2026
Change (pts)1H0.06H-1.424H-1.47D-1.4

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