2-Year US Treasury Note
Category
Interest Rate
Exchange
CBOT (CME Group)
Contract Size
$200,000 face value of 2-year US Treasury notes
Symbol
ZT
About 2-Year US Treasury Note
2-Year T-Note futures (ZT) are the most short-duration Treasury futures and are directly influenced by Federal Reserve rate decisions and dot plot projections. They are essential for trading the front end of the yield curve and expressing views on near-term Fed policy.
2-Year US Treasury Note Price Chart
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Contract Specifications
- Contract Size
- $200,000 face value of 2-year US Treasury notes
- Tick Size / Value
- 1/128 of a point = $15.625 per tick
- Exchange
- CBOT (CME Group)
Trading Hours
Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.
Margin Notes
Day trading margins ~$300–$500. Exchange maintenance margin ~$800–$1,200.
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