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South Korea:   Bond Wrap

SOUTH KOREA
  • Whilst no key data out today, it is a big week for data in Korea in general.
  • Leading up to the Bank of Korea’s decision on Thursday, key data to be released will be consumer confidence; PPI; Manufacturing Survey and Trade Data.
  • Market expectations for the BOK are no change.
  • Demand for short dated bonds was strong today whereas across the rest of the curve, yields moved higher.

2yr 3.032% (-0.5bp) 5yr 2.94% (+1bp) 10yr 2.99% (+1.5bp) 30yr 2.865% (+1.5bp)

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