The former 10-Year Agency Note futures record of 14,158 was set on May 19, 2000. CBOT Agency Notes are contracts based on Fannie Mae Benchmark notes, and Freddie Mac Reference notes.
The continued success and demand for CBOT 10-Year Agency Note futures is an indication that many investors are turning to alternative fixed-income instruments that provide similar debt characteristics to Treasury notes and bonds. Agency Note contracts represent the CBOT's continuing effort to ensure that its products are meeting the needs of its customers and those of the marketplace.