Korea's 3-Year, 10-Year Treasury Futures Fall 7, 16 Ticks on July 9 as Losses Narrow

According to Yonhapinfomax, Korean government bond futures saw losses narrow on July 9 afternoon. The 3-year Treasury futures contract declined 7 ticks to 103.05, after falling 17 ticks at midday. The 10-year futures dropped 16 ticks to 105.75, trimming earlier losses. Foreign investors sold 15,385 contracts of 3-year futures and 7,542 contracts of 10-year futures on a net basis. The 3-year benchmark yield rose 1.8 basis points to 3.794%, while the 10-year yield gained 1.8 basis points to 4.268%, and the 30-year yield climbed 1.2 basis points to 4.487%. U.S. Treasury yields contributed to the movement, with the 2-year rate falling 0.80 basis points to 4.2120%.
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