Chicago Mercantile Exchange Short-Term Interest Rate Product Education

New: Euribor Futures

Sovereign Yield Futures

Fed Funds Mid-Curve Options

Weekly Treasury Options

 

Interest Rate Education|All Education

• STIRs
• Treasuries
• Swaps
• Product Basics
• Strategy Papers
• Online Presentations
• Tools & Analytics

 

Fact Cards

30-Day Fed Funds 3-Month OIS Eurodollar Futures Eurodollar Options Eurodollar Calendar Spread Options Eurodollar Packs and Bundles

Reference Guides

3-Month OIS Futures

Research and Strategy Papers

Eurodollars as Risk Management Tools White Paper (PDF) Hedging Borrowing Costs with Eurodollar Futures and Options Creating Inexpensive Swaps Spreading Opportunities with 3-Month OIS Futures Strategy Paper 3-Month OIS and Eurodollar Options: A Conditional Spread Trade Strategy Paper Trading the 30-Day Fed Funds vs. Eurodollar Futures Spread Curve Trades with Eurodollar and Interest Rate Swap Futures Spreads Interest Payments and Monetary Policy

Archived Seminars and Tutorials

Opportunities in LIBOR and OIS (Oct. 23, 2008) Fed Watch: Using Options to Understand FOMC Behavior (April 24, 2008) Enhanced Interest Rate Options Trading (September 30, 2009) Fed Watch: A View of Current Fed Policy and Trading Opportunities (July 31, 2008)

Tools and Analytics

CME Group FedWatch

 

Interest Rates Product Slate

• U.S. Treasuries
• STIR
• Swaps
• Soveriegn Yield Spreads

Product Name Code Contract Charts Last Change Open High Low Globex Volume Ultra T-Bond Futures UBU1 Sep 11 130'20 +0'27 129'19 131'00 129'11 53051 U.S. Treasury Bond ZBU1 Sep 11 126'12 +0'29 125'12 126'18 125'07 386475 10-Year U.S. Treasury Note ZNU1 Sep 11 124'065 +0'165 123'220 124'160 123'175 1634440 5-Year U.S. Treasury Note ZFU1 Sep 11 120'057 +0'085 119'292 120'135 119'262 789271 3-Year U.S. Treasury Note Z3NM1 Jun 11 - - - - - - 2-Year U.S. Treasury Note ZTU1 Sep 11 109'257 -0'002 109'257 109'287 109'242 338506 OTR 10-Year U.S. Treasury Note Futures TNQ1 Aug 11 108'305 +0'200 109'000 109'000 108'130 211 OTR 5-Year U.S. Treasury Note Futures T5M1 Jun 11 111'317 b +0'095 111'242 111'277 111'230 103 OTR 2-Year U.S. Treasury Note Futures T2M1 Jun 11 107'060 +0'000 107'062 107'062 107'055 6