Interest rates are everywhere from your car payment to your savings account, so how come something so universal is so hard to access? With traditional interest rate products, you have to crunch numbers to get your idea and then translate it from yield to price before trading. Par values? Maturity dates? DV01s? Small 10YR US Treasury Yield cuts out the complexities of bond pricing and takes you straight to the yield you know, so you can skip the calculations and just trade interest rates.
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