South Korea bonds rise as China worries bolster safe-haven assets

24 Jan, 2014

SEOUL: South Korean bonds rose sharply on Friday, buoyed by flight to safety as worries about a slowdown in China and aggressive foreign inflows in the futures market pushed yields lower.

Yield on the benchmark 10-year government bonds ended down 6.9 basis points, while lead March futures on three-year treasury bonds ended up 0.15 points.

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