Treasury Bond futures were introduced on the Chicago Board of Trade in 1977. The Treasury futures product line has been augmented over the years by the introduction of Ultra 10-year, 10-year, 5-year, 2-year Treasury note and Ultra Treasury bond futures.
This product line has experienced tremendous success as the scale and global significance of U.S. Treasury investment has grown over the years. Today, these products are utilized on an international basis by institutional and individual investors for purposes of both abating and assuming risk exposures.