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Futures Lower Alongside UST's

KOREA RATES

Futures in South Korea are lower, playing catch up with a move in UST's after the FOMC minutes indicated some members were willing to discuss a future taper. 10-year contract is down 21 ticks having gapped lower at the open. The contract is off session lows at 125.49. Elsewhere, the BoK sold KRW 2.2tn of 2-year MSB's, yield 0.92%, cover 1.0818x.

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