Prediction markets put the probability at 14%: NATO article 5 before 2027. Currently, markets see this as unlikely (14% YES). NATO chief says Europeans have ‘gotten the message’ from Trump on defence.
Down from 15% to 6% since 2026-04-15 (-9pp)
Traded on Polymarket — $131K Volume
Polymarket prices this at 6c YES with $131K in volume. Moderate liquidity — use limit orders for positions above $1K to avoid moving the price.