U.S. Treasury Bond

Futures and Options
Globex Code
ZBM5
Last
116'10
Change
-0'09 (-0.24%)
Volume
33,863
Last Updated26 Mar 2025 04:37:44 AM CT.
Market data is delayed by at least 10 minutes

US Treasury Bond futures and options are deeply liquid and efficient tools for hedging interest rate risk, potentially enhancing income, adjusting portfolio duration, interest rate speculation and spread trading.

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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:  ZB
CME ClearPort: 17
Clearing: 17

Trading Hours

CME Globex:

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

Date
Future VolumeOptions Volume

Track forward-looking risk expectations on 30-Year Treasuries with the CME Group Volatility Index (CVOLTM), a robust measure of 30-day implied volatility derived from deeply liquid options on 30-Year U.S. Treasury Bond futures.

CODE:
USVY
CVOL:
96.5060
CHANGE:
-1.3494
Last Updated25 Mar 2025 03:44:45 PM CT
PRODUCTS

Yield futures

Discover a streamlined approach to trading interest rate markets with 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.

Courses

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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.

8 modules
Introduction to Treasuries
Launch course

Contact an Interest Rate expert

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

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