GERMAN CHANCELLOR MERZ: EXPECT RELIEF TO BE PASSED ON TO CONSUMERS FROM MINERAL OIL COMPANEIS

U.S. LNG COMPANIES GAIN IN PREMARKET TRADING AS NATURAL GAS PRICES EDGE HIGHER: VENTURE GLOBAL UP 6%, NEXTDECADE UP 3.9% CHENIERE ENERGY GAINS 2.1%

China’s super-long government bonds climbed on Monday as traders speculated that Beijing may shorten the maturity of its special debt issuance to reduce supply pressure. China 30-year government bond yields fell as much as 3 basis points to 2.28%, near a one-month low, extending Friday’s decline. Futures on 30-year bonds also rose sharply. Standard Chartered’s Becky Liu said the market sees a high probability of reduced issuance duration given elevated yields and wide curve spreads, with long-dated yields likely to trend lower as supply concerns ease.