Don't belong. Treasury bond futures are a kind of financial derivatives that trade with treasury bonds as the subject matter. It has a certain relationship with the underlying debt assets, because its price is usually affected by the corresponding national debt varieties and market conditions. However, treasury bond futures is essentially a derivative, and its value comes from the subject matter on which it is based rather than independent creditor's rights assets. In contrast, basic debt assets refer to some issued fixed-income securities with a certain term and interest rate, such as government bonds and corporate bonds. After investors buy bonds, they can get the debtor's right to pay interest and principal, so it is a creditor's right asset. Therefore, although there is a certain connection between treasury bonds futures and debt assets, they are essentially different financial products.