Product Overview

What are 10-Year Note futures?

Allows market participants to gain exposure to  interest rates on US debt at the 10 year position on the yield curve.

Why would you want to trade 10-Year Note futures?

  1. Opportunities to hedge against adverse interest rate conditions.
  2. Allows traders to take a position on the interest yield curve.
  3. Deep and liquid market against other points on the yield curve.

How do you trade 10-year Note futures?

Among the most liquid products in the world, Treasury futures and options lend themselves to a variety of risk management and trading applications, including hedging, income enhancement, duration adjustments, interest rate speculation and spread trades. 

Ready to get started trading futures?  You'll need to open an account with a broker.  Click Here to View a Broker List

Contract Specifications


Contract Month

H, M, U, Z (Mar, Jun, Sept, Dec)

Trading Hours

Sunday – Friday 5:00pm – 4:00pm CT with a 60-minute break each day beginning at 4:00pm CT

Product

10-Year T-Note

Contract Size

FV $100,000

Trading Venue

CME offers electronic trading almost 24/6

Minimum Tick

1/32 of 1 point

Product Symbol

ZN

Dollar Value of One Tick

$15.625

Options Available

Quarterly, Serial, Weekly

Notional Value

Exchange Rulebook

CBOT Chapter 19

Settlement Procedures

Treasury Settlement Procedures

Price Limit or Circuit

Price Limits

Settlement Method

Deliverable

Termination of Trading

Trading terminates on the seventh business day preceding the last business day of the delivery month. Trading in expiring contracts closes at 12:01 p.m. on the last trading day.

Contract Specifications


Product Name

10-Year Treasury Note

Options Expirations

Serial, Weekly, Quarterly

Options Symbol

Serial/Quarterly - OZN
Weekly - ZN1-ZN5

Trading Venue

Globex

Trading Hours

Sunday – Friday 5:00pm – 4:00pm CT with a 60-minute break each day beginning at 4:00pm CT

Type Of Expiration

American

Minimum Tick Size

1/64 of a point ($15.625/contract), rounded to the nearest cent/contract.

10-Year T-Note ZN Price

Open
High
Low
Change
% Change
Volume
( )
Last Trade as of CST. 10 Minutes Delayed Quote. Powered by CQG

Futures Calendar

18 SEP
No Event
Price Action Alerts Source Redsky Markets