China Treasury futures close lower across the curve

A uniform, small decline across the curve is less about direction than about breadth: every tenor moving the same way suggests a common driver rather than a single-point repricing. The near-identical moves in the 30-, 10- and 5-year contracts also point to limited differentiation along the curve, which is worth noting for anyone tracking duration exposure. Whether this broad-based softness persists or proves a one-session drift is the open question.