Spread betting on interest rate futures gives you the chance to take a view on all the main interest rate contracts: including Short Sterling, Gilt, Bund, Eurodollar, JGB and T-Bond .
Short-term interest rates
These contracts allow you to bet on the direction of a country's 3-month interest rates. In each case, the price of the contract is 100 minus the interest rate. So a price of 93 means an interest rate of 7%, a price of 94 means an interest rate of 6%, and so on. If you think short-term interest rates will fall you 'buy', and if you think they will rise you 'sell'.
Long-term interest rates
These are reflected in the price of government bonds. Bond futures allow you to bet on the direction of long-term interest rates in various countries. For instance, US Treasury Bond, or T-Bond, futures allow you to take a view on long-term interest rates in the US.
For more details please see our example