China Treasury futures open higher; 30-year contract up 0.13%

The move is modest but curve-wide, with the long end leading — a pattern that typically signals duration appetite rather than a broad risk-off shift. What matters is that the gains appeared at the open, suggesting positioning carried over rather than reacting to fresh data, which the item does not cite. Whether the long-end outperformance persists through the session, or fades as it often does after opening moves, is the open question worth watching.