Question

The CME Group offers a futures contract on long-term Treasury bonds. Characterize the traders likely to use this contract. 

   The CME Group offers a futures contract on long-term Treasury bonds. Characterize the traders likely to use this contract.
Options, Futures, and Other Derivatives
Options, Futures, and Other Derivatives
John C. Hull 10th Edition
Chapter 1, Problem 20 ↓

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These contracts are typically used for hedging against interest rate risk, speculating on interest rate movements, or arbitraging price differences.  Show more…

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The CME Group offers a futures contract on long-term Treasury bonds. Characterize the traders likely to use this contract.
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