The strong 84.5% market-implied odds for “No” on a 2026 engagement primarily reflect the complete absence of any official announcement, public proposal, or verified milestone from Kylie Jenner or Timothée Chalamet, despite three years of dating. Insider reports from outlets like Us Weekly have repeatedly floated discussions of future plans, living arrangements, and alignment on marriage, yet these remain unconfirmed speculation rather than statements from the couple themselves. Recent public appearances, including PDA at the 2026 World Cup final, confirm the relationship continues without signs of an imminent step. With only five months left in the year and the pair maintaining a low-key profile, traders see little catalyst for a resolution to “Yes.”