A couple days ago, I mentioned a few reasons why the US 10-year was not likely grow much beyond its 2.40% level.To put the idea that Treasury yields will remain relatively low into the form of a trade, there are a couple main routes one could take:1. One could buy a call option on Treasury futures directly – most brokers should support this. 2. Or one could go the more mainstream route of buying an equity option that best captures what you’re aiming to trade. In this case, buying a call on 7-10 Year Treasury Bond Fund (IEF). As I write this, IEF is priced at $105.25. If one expected Treasury bond yields will fall again, following some of the arguments offered in the post hyperlinked above, this entails that you believe prices will rise. In order to express a bullish sentiment, the most basic way is to purchase a call option. Buying a 105 call on the June 2017 expiry will cost $208 per contract. If this option lands out of the money (IEF below $105), you will lose your $208 per contract. If you are correct and IEF returns back up to its $110 pre-election levels, you will earn a money-on-money multiple of 1.4x, or $292 per contract. If it returns back up to the $112 level seen during the summer months, your multiple will come to 2.4x, for a return of $492 per contract. The breakeven price is $107.10. Therefore, your returns only become outsized once prices in the underlying transcend beyond this point. (Source: optionsprofitcalculator.com)Disclaimer: This is not an explicit trade recommendation. It is commentary only and each individual should do his or her own due diligence before investing in the financial markets.