TREE NEWS reports: China’s treasury futures closed higher, with the 30-year main contract up 0.09%, the 10-year up 0.11%, the 5-year up 0.07% and the 2-year up 0.02%. The across-the-curve gains came at the close of trading.
China Treasury futures close higher, 30-year contract up 0.09%
The move is modest but broad, with gains across every tenor rather than concentrated at the long end, which points to a general bid for duration rather than a single-point trade. The 10-year outperforming the 30-year slightly undercuts any read of a steepening or long-end risk story. For RWA and crypto markets, Chinese government bonds remain a benchmark for offshore yield comparisons, so the direction of travel here matters more than the size. Whether the curve-wide firmness persists into the next session is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.