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Futures Lower As Bonds Hit Globally

KOREA RATES

Bond futures are lower in South Korea, moving in tandem with global bonds. 10-Year future down 36 ticks at 125.33, the contract briefly touched 125.15 which denotes the lowest since March 19. The 3-Year contract is down 5 ticks at 110.90. The cash space is mixed, markets await a KRW 400bn 50-Year auction tomorrow.

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