The Morning Line

NATO article 5 before 2027?

Everything Else · tracked since July 7, 2026 · last updated 5:00 AM ET

5%

Today’s odds

As of October 12, 2026, market-consensus odds put the chance at 5%.

Unchanged since the previous update. ▼ 1 over the last 7 days. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Jul 7Jul 13Jul 19Oct 6Oct 12Yes — Jul 7: 6%Yes — Jul 8: 6%Yes — Jul 9: 6%Yes — Jul 10: 6%Yes — Jul 11: 6%Yes — Jul 12: 6%Yes — Jul 13: 6%Yes — Jul 14: 8%Yes — Jul 15: 8%Yes — Jul 16: 8%Yes — Jul 17: 8%Yes — Jul 18: 8%Yes — Jul 19: 8%Yes — Oct 1: 6%Yes — Oct 2: 6%Yes — Oct 3: 6%Yes — Oct 4: 6%Yes — Oct 5: 6%Yes — Oct 6: 6%Yes — Oct 7: 5%Yes — Oct 8: 6%Yes — Oct 9: 6%Yes — Oct 10: 6%Yes — Oct 11: 5%Yes — Oct 12: 5%5%

Every outcome we track

OutcomeOct 11TodayMove
Yes5%5%—
Full history table
DateYes
2026-10-125%
2026-10-115%
2026-10-106%
2026-10-096%
2026-10-086%
2026-10-075%
2026-10-066%
2026-10-056%
2026-10-046%
2026-10-036%
2026-10-026%
2026-10-016%
2026-07-198%
2026-07-188%
2026-07-178%
2026-07-168%
2026-07-158%
2026-07-148%
2026-07-136%
2026-07-126%
2026-07-116%
2026-07-106%
2026-07-096%
2026-07-086%
2026-07-076%

Use this data. The full daily history behind this page is free to download and reuse with a link back to this page: Download the full daily odds history (CSV) · the same history as JSON · about the open data. Updated every morning; past values never change.

Common questions

NATO article 5 before 2027 — what are the odds?
As of October 12, 2026, the market-consensus chance is 5%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
NATO article 5 before 2027 — how much have the odds move?
Barely. Across 25 tracked days the odds held near 6%, ending at 5% on October 12, 2026 — a question the market has not changed its mind about.

About this question

The Morning Line has reported the market-consensus odds on “NATO article 5 before 2027” for 25 days, since July 7, 2026. As of October 12, 2026, market-consensus odds sit at 5%. The chance for a yes has fallen from 6% to 5%, ranging between 5% and 8% across that stretch. These are reported probabilities, not our own predictions. This page updates every morning with the full daily history, free to download as JSON or CSV.

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