While long-term rates have begun to rise in early 2021, the short end of the curve remains at historic lows. Following the success of minimum price increment reductions in the BrokerTec 2-Year Treasury Note and CBOT 2-Year Treasury Note futures, a tick cut in the 3-Year Treasury Note will allow more precise hedging and price discovery.
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
