Question about treasury zero’s


Good Afternoon,

Not sure if this is the right sub, but I had a question about maintenance margin for treasury zeros (specifically at fidelity).

I bought about 4.8 million (face value) of zero coupon Treasuries expiring half in December of this year and half in January of '23. I'm only required to put up 3% of that face value so a $150K maintenance margin.

Does anyone have any experience with how the maintenance margin on these zeroes changes when the Fed hikes rates?


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