Central banks like the U.S. Federal Reserve help shape short- and long-term economic growth by restricting or expanding the supply of money circulating in an economy. They do this through the use of debt obligations called treasuries — such as bills, notes and bonds – in which the government borrows money from the holder for a specified period of time. Because treasuries are viewed as being among safest of all investments, they can be in high demand.
Treasury futures offer one way to gain exposure without trading the individual securities themselves. Learn the basics behind trading Treasury futures, from the delivery process, contract specifications, key concepts like basis and Cheapest to Deliver (CTD) and more. Discover the different ways these contracts are used, from price discovery to risk management to profit speculation, and how they are intertwined with other financial markets like stocks and currencies.
- Lectures 8
- Quizzes 0
- Duration 2 week
- Language English
- Students 0
- Assessments Yes
- Learn about the Treasuries Delivery Process
- Understand Treasuries Contract Specifications
- The Basics of Treasuries Basis
- Get to know Treasuries CTD
- How Can You Measure Risk in Treasuries?
- Calculating U.S. Treasury Pricing
- Treasuries Hedging and Risk Management
- Treasury Intermarket Spreads – The Yield Curve