CME Group has launched High Yield Duration-Hedged Credit futures, its fourth credit futures contract based on Bloomberg corporate bond indexes. This new product allows investors to manage credit exposure with greater precision as demand for fixed-income hedging tools grows.

Since June 2024, CME Group has traded over 275,000 credit futures contracts, with open interest reaching 3,200 contracts, representing $320 million in notional value. The new contract provides automatic margin offsets against CME Group's Interest Rate and Equity Index futures, enhancing capital efficiency.

Available for trading on CME Globex and clearing via CME ClearPort, these credit futures are the first to help market participants manage duration risk through an intercommodity spread with U.S. Treasury futures. The contracts are listed under the rules of the Chicago Board of Trade.

CME Group, the world’s leading derivatives marketplace, offers a broad range of futures, options, and clearing services across asset classes, including interest rates, equity indexes, foreign exchange, energy, and metals.