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Korean bonds sold off on the............>

KOREA RATES
KOREA RATES: Korean bonds sold off on the Bloomberg headlines regarding a
constructive call between Chinese Premier Liu and US Treasury Secretary Mnuchin,
which saw the 10-year drop below 127 before recovering some losses to trade at
127.07, still 8 ticks lower on the day.
- Interest rate swaps are also recovering from yesterday's lows across the
curve, with both the 2 year and the 10 year up 0.7bps at 1.8250% and 1.8500%
respectively. The downtrend remains intact though and the curve remains under
downside pressure. 
- USDKRW has edged back from daily highs in response to the slight boost in risk
appetite, last at 1128.6, even as equities give back their gains.  

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