South Korea's 3-Year Government Bond Yields Fall 3.6bp as KOSPI Plunges Over 10% on July 28

According to Yonhapinfomax, on July 28, South Korea's government bond market strengthened as risk-off sentiment took hold following a sharp stock market decline. The 3-year government bond yield fell 3.6 basis points to 3.829%, while the 10-year yield dropped 4.4 basis points to 4.289%. The KOSPI index plummeted over 10% to 6,023.66, triggering circuit breakers, as U.S.-Iran ceasefire talks drove international crude oil prices sharply lower and eased inflation concerns. Foreign investors purchased over 11,000 contracts of 3-year bond futures, continuing large-scale net buying flows for a second consecutive day.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments