CME Plans March 7 Launch for 20-year US Treasury Bond Futures

CME Plans March 7 Launch for 20-year US Treasury Bond Futures
Men enter the CME Group offices in New York, on Oct. 18, 2017. Brendan McDermid/Reuters
Reuters
Updated:

NEW YORK—CME Group Inc. said on Monday it will launch futures on 20-year U.S. Treasury bonds on March 7, pending regulatory review, to help investors better manage their U.S. Treasury curve exposure.

The U.S. Treasury Department reintroduced 20-year bonds in May 2020 and increased securities auction sizes across a range of maturities to raise cash to meet record government borrowing needs at the beginning of the COVID-19 outbreak.