U.S. Gasoline Tax Holiday Imminent

Below gives key levels of markets in the second half of the Asia-Pac session:

• Nikkei 225 down 9.28 points at 26237.03
• ASX 200 down 4.203 points at 6519.6
• Shanghai Comp. down 10.772 points at 3295.947
• JGB 10-Yr future down 16 ticks at 147.8, yield up 0.2bp at 0.240%
• Aussie 10-Yr future up 4.5 ticks at 95.905, yield down 4.9bp at 4.015%
• U.S. 10-Yr future +0-09 at 116-02+, yield down 1.32bp at 3.262%
• WTI crude down $3.75 at $105.77, Gold down $6.87 at $1826.12
• USD/JPY down 26 pips at Y136.32
• BARKIN: FED TO DO 'WHAT IT TAKES' ON INFLATION (RTRS)
• BIDEN TO CALL ON CONGRESS WEDNESDAY TO PASS GAS TAX HOLIDAY (BBG)
• GERMANY PREPARES TO TRIGGER SECOND STAGE OF EMERGENCY GAS PLAN (BBG)
• ITALY UNVEILS MEASURES TO BOOST GAS STORAGE AFTER DROP IN RUSSIAN FLOWS (RTRS)