Webinar Part One: Foundational Principles

US Treasury market from a global debt perspective and cash market basics in regard to bond pricing conventions. David will discuss US Treasury futures contract terms and specifications – focusing on Micro Treasury Yield futures.

Webinar Part Two: Foundational Principles

Explanation of UST futures pricing mechanisms examining the Treasury basis, net basis, internal rate of return (IRR), cheapest to deliver (CTD) and the importance in Treasury analytics.

Webinar Part Three: Practical Applications

UST basis and how changes in inputs results in changes in futures price. This part will also cover UST futures calendar (roll) spreads.

Webinar Part Four: Practical Applications

The use of Treasury futures in yield curve trades. Additionally, managing duration risk, invoice spreads and an introduction to BrokerTec RV Curve.