what are interest rate futures and bond futures 
interest rate futures are contracts that have an underlying interest bearing asset bond futures are examples of interest rate futures the bottom linebond futures obligate the contract holder to either buy or sell a bond at a predetermined price on a specific date bond futures traders try to profit from price changes in the short term and usually do not hold the contracts until expiry to avoid being forced to accept delivery there are benefits and drawbacks to futures trading the consistently fluctuating market can increase profits significantly but it also puts traders at greater risk 