Interest Rates » 10 Year Treasury Note Futures

Now you can trade 10 Year Treasury Note futures at optionsXpress! Open an account to trade futures at optionsXpress.

Symbol
TY
Exchange
CBOT
Contract Size
$100,000
Tick Size
-005 = $15.625

About CBOT US 10 Year Treasury Note Futures

US Ten-Year Treasury Note futures have grown to become fundamental risk management tools for investors worldwide. In today's ever-changing global economy, holding fixed-income securities is tantamount to speculating on the direction of interest rates. With the Treasury futures contracts at the Chicago Board of Trade, institutional and individual investors can help control the risk in holding fixed-income securities and help optimize their performance.

Interest rate futures were pioneered by the Chicago Board of Trade in 1975, in response to a growing need for tools that could protect against sharp and frequent swings in the cost of money. The US Treasury Note futures followed the first interest rate futures product, the Thirty-Year US Treasury Bond. In addition to the aforementioned interest rate futures, Two-Year and Five-Year Note futures are traded at the CBOT. Over the past three decades, contract volume has grown to unprecedented levels, reflecting the growth of the underlying instruments and profound changes in the marketplace.

CBOT US 10 Year Treasury Note Futures Specifications

US Treasury Note futures, Chicago Board of Trade, symbol TY. Contract size is $100,000, with a tick of -005 worth $15.625.

Trade Ten-Year Treasury Note futures on the eCBOT electronic platform from 6:30 PM US EST until 5:00 PM US EST the next day, Sunday through Thursday.

Primary trading months for US Ten Year Treasury Note futures and options are March, June, September and December.

Please see the disclosures page for additional information regarding this section.