Micro 30 Year Yield Futures Contract
U.S. Treasury notes, or T-Notes, represent a loan to the U.S. government. T-Note holders are creditors rather than equity or share-holders. The U.S. government agrees to repay the principal or par amount of the security at maturity, plus coupon interest. Participating in 10 year T-Note futures allows a trader to assess the direction of interest rates as well the ability to hedge risk at the short end of a yield curve. 10 year T-Note futures can also allow an investor to use a different trading strategies such as spread trading against different Treasury futures.
Contract Unit
1,000 Index Points
Futures Contract
Symbol
CME Globex: 30Y
Trading Hours
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
0.001 Index Points = $1.00
Contract Months
Monthly: 2 consecutive months
Settlement Method
Cash Settled
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
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