United States – US 2 Year Treasury Note Futures Live Chart
About US 2 Year Treasury Note Futures
U.S. Treasury notes with an original term to maturity of not more than five years and three months and a remaining term to maturity of not less than one year and nine months from the first day of the delivery month and a remaining term to maturity of not more than two years from the last day of the delivery month. The invoice price equals the futures settlement price times a conversion factor, plus accrued interest. The exchange factor is the price of the delivered note ($1 par value) to yield 6 percent.
Participating in 2-year T-Note futures allows a trader to calculate directionality of interest rates as well the ability to hedge risk at the short end of a yield curve. Participating in 2-year T-Note futures can also allow one to use a variety of trading strategies like spread trading and trading against different Treasury futures.