The bond markets allow organisations like companies or governments to borrow money. A bond is basically a loan, or an i.o.u. Someone who buys a bond from a company, for example, is essentially lending money to the company which will eventually pay this back with interest.

The prices of bonds depend on many factors like economic data, news, sentiment, and, importantly, interest rates. In fact, bond prices generally go up when interest rates go down, and vice versa. There are many people who seek to profit from changes in interest rates by trading bonds. Examples of bonds include:

BOND 30 (US Benchmark 30 year Treasury Bond)

This is a debt obligation (bond) of the US government that is paid off after 30 years. It is considered to be a benchmark indicator of US interest rates. When interest rates rise its market price decreases. The bond’s interest payments are fixed so a decrease in its market price means an increase in its yield. Interest payments are made every 6 months.

BUND 10 (German Benchmark 10 year Treasury Bond)

gnuTrade currently offers trading on BOND 30 and BUND 10 bond market prices. If you are new to bond trading or don't want to trade with real money, gnuTrade lets you practice trading the live markets with play money. This will help build your knowledge and experience of how bond prices change, and help you feel more comfortable about the risks before trading for real.

Start trading bonds today with a free play money trading account.

No sign up is needed to try our platform

• Bond market trading hours

  Markets you can trade with gnuTrade 

  Trading Definitions List