Bond and bond futures trading

Bond trading involves taking a position on the price movement of government or corporate debt instruments without owning the underlying bond. Positions can be taken in either direction, reflecting expectations about interest rates, credit conditions and the broader macroeconomic environment.

Bond prices move inversely to interest rates — when rates rise, bond prices typically fall, and vice versa. This relationship makes bonds a market where macroeconomic expectations play a central role in how positions are assessed.

Bonds can be traded as CFDs — contracts that track the bond price without requiring ownership of the instrument itself.

Government bonds from major economies — including the US, UK, Germany and Japan — provide exposure to interest rate expectations and sovereign credit conditions across different markets. Corporate bonds add a credit dimension, reflecting expectations about a company's ability to service its debt.

Bonds can behave differently from equity and currency markets during periods of economic stress, making them a market with distinct characteristics relative to other asset classes. Leverage is available on bond CFDs, which amplifies both profits and losses.

Capital·com offers CFDs on government and corporate bonds across major economies with transparent spreads and adjustable leverage. The full cost is visible before any position opens.

Central bank decisions and economic data releases are the primary drivers of bond price movements. Price alerts configured to relevant levels mean important announcements are flagged without requiring constant monitoring.