CME Says It May Introduce 20-Year Treasury Futures Contracts
- U.S. resumed selling 20-year bonds in 2020 after a long pause
- CME already has contracts linked to longer Treasury tenors
CME Group headquarters in Chicago, Illinois.
Photographer: Christopher Dilts/BloombergThis article is for subscribers only.
CME Group Inc., the dominant provider of futures tied to U.S. Treasuries, took a step toward introducing contracts tied to the 20-year bonds that were brought back in 2020 by the federal government.
The Chicago-based exchange has designed three prototypes and will unveil them in a webinar on Oct. 19, according to a notice on its website announcing the event. Following that, CME will “determine the validity and design preferences of this potential new product.”