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Futures Jump After Lee Mentions QE

KOREA RATES

10-year bond futures hit lows as comments on the bond market were conspicuous in their absence at BoK Governor Lee's press conference. Futures jumped higher, rising from 128.34 to 128.66 when Lee said the central bank could release government bond buying plan in advance if needed, he caveated this by saying any measures undertaken would not be the same as QE in other nations.

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