Is these any instrument which closely follows bond interest yirld?

[clearpicks]

Hello,

Is these any instrument which closely follows/mirrors bond interest rates such as $TNX, $TYX? Those treasury bond futures such as ZN, ZB, etc. don't always up or down the same percentage as $TNX and $TYX. Help is greatly appreciated.


- Clearpicks

 

[nazzdack]

?......ticker symbols: IEI, IEF, TLH, TLT.

 

[dumb_mother]

rrpix

 

[Dollars&Sense]

Quote from clearpicks:

... Those treasury bond futures such as ZN, ZB, etc. ...

- Clearpicks

ZB is for "bond" futures but ZN is for "note" futures

sorry if you know, just wanted to point that out

 

[crgarcia]

Quote from clearpicks:

Hello,

Is these any instrument which closely follows/mirrors bond interest rates such as $TNX, $TYX? Those treasury bond futures such as ZN, ZB, etc. don't always up or down the same percentage as $TNX and $TYX. Help is greatly appreciated.


- Clearpicks

T-Bond futures DO follow bond prices very accurately.

Be aware that yield is inverse to price.
So, if you think yields would go up, you should short bond futures (since price would go down); and viceversa.