What Are 2-Year U.S. Treasury Note Futures?
2-Year U.S. Treasury Note Futures (ZT) are futures contracts based on the value of U.S. Treasury notes with a maturity of two years. These contracts provide traders with exposure to short-term U.S. government debt and are commonly used to speculate on or hedge against changes in short-term interest rates. ZT contracts are a key tool for managing risk in a changing interest rate environment.
Contract Size
- Contract Size: $200,000 face value of 2-Year U.S. Treasury Notes.
Trading Hours
The 2-Year U.S. Treasury Note Futures contract trades nearly 24 hours a day, five days a week, offering consistent access to the interest rate futures market.
- Trading Hours: Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT).
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: 1/32nd of a point.
- Tick Value: $6.25 per tick.
- Minimum Price Fluctuation: 1/32nd of a point.
This makes 2-Year U.S. Treasury Note Futures an ideal choice for traders seeking liquidity, leverage, and exposure to short-term U.S. interest rates.
Trading Symbol
- Platform Symbol: ZT
Margins
To trade 2-Year U.S. Treasury Note Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade 2-Year U.S. Treasury Note Futures?
- Liquidity: High liquidity ensures tight spreads and efficient execution.
- Hedging Opportunities: Widely used by institutional investors and traders to hedge against short-term interest rate changes.
- Global Influence: U.S. Treasury note prices are a key indicator of short-term U.S. interest rates and affect global financial markets.
- Flexibility: Suitable for short-term trading strategies and portfolio hedging.
- Diversification: Add exposure to the U.S. Treasury market to complement equity or commodity investments.
Start Trading ZT with Ironbeam
Ironbeam provides a robust trading platform and API to help you access 2-Year U.S. Treasury Note Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.