  We report on the muon spin rotation/relaxation study of a pyrochlore oxide,
Cd2Os2O7, which exhibits a metal-insulator (MI) transition at T_{MI}~225 K
without structural phase transition. It reveals strong spin fluctuation
(>10^8/s) below the MI transition, suggesting a predominant role of geometrical
spin frustration amongst Os^{5+} ions. Meanwhile, upon further cooling, a
static spin density wave discontinuously develops below T_{SDW}~150 K. These
observations strongly suggest the occurrence of an anomalous magnetic
transition and associated change in the local spin dynamics in undistorted
pyrochlore antiferromagnet.
