Explore this product in depth

Review contract highlights

Contract Unit

Face value at maturity of $100,000

Price Quotation

Points and fractions of points with par on the basis of 100 points

Product Code

CME Globex: ZF
CME ClearPort: 25
Clearing: 25

Trading Hours

CME Globex:
SUN - FRI: 5:00 p.m. - 4:00 p.m.


Micro Treasury Yield futures

Discover a streamlined approach to trading interest rate markets with Micro Treasury Yield futures, contracts based directly on yields of the most recently auctioned Treasury securities at key tenor points across the curve.

View the latest insights on trends in the Interest Rate futures and options market.


Take self-guided courses on US Treasury futures and options products.

If you're new to futures, the courses below can help you quickly understand the US Treasury market and start trading.

Contact an Interest Rate expert

Connect with a member of our expert Interest Rate team for more information about our products.


CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2021 CME Group Inc. All rights reserved.