Treasury Futures

A higher long-end yield makes 10-year note futures useful, but only when traders define duration exposure and stop logic first.

CME’s planned Treasury Link may reduce legging risk between cash Treasuries and futures, but basis trades still depend on leverage, funding cost and liquidity.

A July 1 jump in U.S. rate-hike odds is turning Treasuries, Bunds, JGBs, and Korea Treasury futures back into one macro trade. That matters because when duration takes over, equity optimism usually has less room to hide.