HomeAbout UsCurrency MarketsInterest RatesStock IndicesQuotes and ChartsMarket AnalysisFree Demo AccountFAQsOpen AccountContact Us

Price Quotes

The 2 Year T-Note futures price is different than the 2 Year T-Note options price. Search for current 2-year T-note prices. Enter the contract symbol for the 2 YR T-Note futures contract of your choice and click “Get Quote”.

2 Year T-Note Quotes

The CME 2 Year note futures contract represents the stream of income from interest payments and then the payment of principal at T-note maturity on a $200,000 2-year U.S Treasury note.

Example of Futures Quote:

Treasury notes are quoted in terms of $100 of face value. If the price is below 100 that means that buyers demand a higher rate of return than the coupon. If the price is above 100 is means that buyers are content with a lower rate of return than the coupon. If it is trading at 100 that means that it is trading at the coupon rate which is called par.

Prices are quoted in one quarter of 1/32nds of a point with one point equal to $2,000, and one quarter of 1/32nd equal to $15.625.

123'072 means 123 and 7.25/32 points. If you buy the futures at 123'07 and it goes up to 124'07 that means that the contract gains one point or $2,000. If it goes from 123'07 to 123'082 that means that it gains 1.25/32 of a point or $78.125.

2 Year T-Note Options Quotes

The CME 2 Year treasury note options contract control $200,000 worth of 2-yr US. T-Notes based on the underlying futures contract. Strike prices are listed up and down from "at the money" at one-quarter point increments.

Example of Option Quote:

Prices are quoted in ½ of 1/64 of a point with one point equal to $2,000, and ½ of 1/64th equal to $15.625.

1'425 means 1 point and 42.5/64ths

1.6640625 X $2,000 = $3,328.125 (price of option)

Click here to contact a commodities broker with experience in the 2 YR T-Note market.