The concept of the “cheapest to deliver” (CTD) is a key element of Treasury futures. It arises from the conversion of futures prices to invoice prices for the delivered security,…
SOFR futures are well-suited for mitigating risk within cash T-bill portfolios, as they share a similar characteristic of risk reduction with the passage of time. Each day that elapses provides…
The synthetic price history for 13-Week U.S. Treasury Bill futures (U.S. T-Bill futures) compares the Daily Treasury Bill Rates↗ published by the U.S. Department of the Treasury with the CME 3-Month Term…
The information herein has been complied by CME Group for general informational and education purposes only and does not constitute trading advice or the solicitation of purchases or sale of…
On their last day of trading (i.e., their expiration date), these options are marked against the settlement price of their underlying futures at 2:00 p.m. CT. The futures settlement is…
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Navigating Higher Yields: The Role of Treasury Futures in Today’s Market
The concept of the “cheapest to deliver” (CTD) is a key element of Treasury futures. It arises from the conversion of futures prices to invoice prices for the delivered security,…
Understanding U.S. Treasury Bill Futures Spreads
SOFR futures are well-suited for mitigating risk within cash T-bill portfolios, as they share a similar characteristic of risk reduction with the passage of time. Each day that elapses provides…
T-Bill Futures Synthetic Price History
The synthetic price history for 13-Week U.S. Treasury Bill futures (U.S. T-Bill futures) compares the Daily Treasury Bill Rates↗ published by the U.S. Department of the Treasury with the CME 3-Month Term…
Using Interest Rate Futures to Manage Treasury Risk
The information herein has been complied by CME Group for general informational and education purposes only and does not constitute trading advice or the solicitation of purchases or sale of…
Interest Rate Options Expirations – CME Group
On their last day of trading (i.e., their expiration date), these options are marked against the settlement price of their underlying futures at 2:00 p.m. CT. The futures settlement is…