Volatility on Interest Rates

Volatility on Interest Rates

Interest rate derivatives represent the largest asset class in the over-the-counter (OTC) market, with notional amounts in the trillions of dollars. Cboe Global Markets has created the first standardized volatility measures for the fixed-income and interest rate swap markets, including:

The Cboe Interest Rate Swap Volatility Index was designed to standardize and simplify trading in the interest rate swap market, much as the Cboe Volatility Index (VIX Index) does in the equity market. The Cboe/CBOT 10-year U.S. Treasury Note Volatility Index measures the expected volatility of the price of 10-year Treasury Note futures, a core instrument of the U.S. fixed income market. Cboe Global Markets also offers options and futures contracts on these volatility benchmark indexes.