The so-called ten-year national debt has fallen. Does this mean futures or spot? The spot and futures of government bonds are also in the opposite relationship. The national debt fell. country
The decline of 10-year treasury bonds refers to the decline of the futures price of 10-year treasury bonds. There is a strong positive correlation between spot and futures prices, not the opposite relationship, that is, the spot price of government bonds does not fall, and the future of government bonds does not necessarily fall, but it will fall in most cases. (PS futures practitioners are willing to answer financial questions such as stock futures)