Investor Glossary-dow jones cbot treasury indexInvestor Glossary-dow jones cbot treasury indexInvestor Glossary-dow jones cbot treasury indexInvestor Glossary-dow jones cbot treasury indexInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Dow Jones CBOT Treasury Index

The HTML to link to this page
 

The Dow Jones CBOT Treasury Index is a fixed-income index. The Dow Jones CBOT Treasury Index measures the performance of three Treasury futures contracts traded on CBOT. The Dow Jones CBOT Treasury Index is a benchmark for longer term fixed-income markets. The Dow Jones CBOT Treasury Index includes the price of the front-month future contracts for 5-year and 10-year notes, and T-Bonds trading on the CBOT. The prices used in the Dow Jones CBOT Treasury Index are weighted by duration (i.e modified Macaulay duration) so that both the coupon and maturity of the underlying Dow Jones CBOT Treasury Index components are taken into account. As a result, the Dow Jones CBOT Treasury index allows investors to easily compare return of U.S. Treasuries over time. A divisor is also applied to the Dow Jones CBOT Treasury Index in an effort to maintain continuity of returns during each contract roll period. The Dow Jones CBOT Treasury Index is calculated and published in real time during trading hours for CBOT Treasury futures. The Dow Jones CBOT Treasury Index is updated each quarter. The weights and divisor are recalculated using the closing prices of the December, March, June, and September Dow Jones CBOT Treasury Index underlying future contracts at 2 PM Central Standard Time (i.e. Chicago) on the last trading day of August, November, February, and May respectively. The Dow Jones CBOT Treasury Index was introduced in April 2004. The base value of the Dow Jones CBOT Treasury Index is 100, set as of November 30, 1999.



Rate this Dow Jones CBOT Treasury Index definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: reverse mortgage, current ratio, phantom income, APR, limit order, class C shares, labor relations, diluted share, covered put, dividends payable, debt service coverage, option premium, per diem, irrevocable trust, stock split, inflation, cancelled check, risk management, required rate of return, 1035 exchange, FICO score, 144a, minority interest, Key Rate Duration, average price per share, deferred revenue, liquidity ratio, command economy, annual return, LIBOR, quality assurance, VIX, ex-dividend, ex-dividend date, open position, in escrow, wholly-owned subsidiary, EBITDA, implied volatility, retained earnings, balance sheet, deferred tax, margin rate, 1031 exchange, Zero Cost Collar, FTSE, stock market close, 401a, real GDP


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use