But all users who want to invest have a certain understanding of futures, funds and stocks before investing. Treasury bond futures are futures products with treasury bonds as the subject matter. Treasury bonds are bonds issued by the state, and there is almost no redemption risk. Generally speaking, the yield of short-term bonds fluctuates more than that of long-term bonds.

Treasury bond futures will rise, will interest rates fall?

Then the rise and fall of treasury bond futures will naturally affect the market's expectation of future interest rate rise and fall. In most cases, the listing of treasury bonds futures will definitely affect bank interest rates. Bond interest rate is positively related to deposit and loan or discount rate, and the reduction of national debt interest rate will definitely depress bank deposit and loan or discount rate. So in most cases, the interest rate of treasury bonds futures will fall.

The price of national debt is inversely proportional to interest rate. The rise in the price of national debt shows that the market is in short supply and the interest rate of natural national debt is low. The futures price of government bonds is positively correlated with the price of government bonds. The rise in the price of treasury bonds futures means that the price of treasury bonds rises, the expected yield of treasury bonds falls, and the interest rate of treasury bonds falls.

However, investors need to understand that the interest rate of treasury bonds futures does not necessarily fall, and there are other factors that determine the rise and fall of bank interest rates. The rise and fall of debt price is the rise and fall of face value price, which has nothing to do with the interest rate of national debt.

Summary: the interest rate of treasury bonds futures may fall, but this is not the decisive reason. Whether the rising interest rate of treasury bonds futures will fall or not depends mainly on the changes and influence of the market. Simply put, treasury bond futures are based on spot treasury bonds, and the main factors that affect the price of treasury bond futures include treasury bond coupon rate and market interest rate.