Open interest in CME Group U.S. Treasury bonds hit a record high of 35 million contracts.

CME Group announced today that its highly liquid U.S. Treasury futures and options products saw a record high of 35,120,066 open interest contracts (OI) on November 20. Meanwhile, CME Group's interest rate futures and options products saw trading volume reach 44,839,732 contracts on November 21, the second-highest single-day volume ever. Agha Mirza, Global Head of Interest Rates and OTC Products at CME Group, stated, "Amidst uncertainty surrounding economic growth and the pace of Federal Reserve rate cuts, market participants are turning to our market for unparalleled trading efficiency and liquidity across the yield curve." (Jinshi)