ABC. Interest rate futures selling hedging analysis is to sell interest rate futures contracts by opening positions in the futures market, with a view to establishing a break-even mechanism in the spot and futures markets to avoid the risk of rising market interest rates. Its application mainly includes: (1) holding fixed-income bonds, worrying about rising interest rates, falling bond prices or relatively falling yields; (2) The fundraisers who use bond financing are worried that the interest rate will rise, which will lead to the increase of financing cost; (3) The borrower of funds is worried that the interest rate will rise, which will lead to an increase in borrowing costs.