One of the most active markets for forward delivery of an asset to be found anywhere in the world is the futures market for:
A) U.S. Treasury bonds and notes
B) U.S. Treasury bills
C) GNMA mortgage-backed certificates
D) Commercial paper
E) Bank CDs

Question

Quizplus · Accepted Answer

The futures market for U.S. Treasury bonds and notes is one of the most active in the world due to their high liquidity, large market size, and the significant role they play in the global economy as benchmarks for interest rates.

One of the Most Active Markets for Forward Delivery of an Asset