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Korea Treasury Bond yields ended only marginally lower on the 4th, with the 3-year fixing at 3.884%, down 0.4bp, and the 10-year at 4.360%, down 0.7bp, after an early rally on softer US Treasury yields lost steam. Foreign investors net sold about 4,700 three-year futures contracts against roughly 3,200 contracts of bank buying, capping the move even as the 3-year contract closed up 3 ticks at 103.17 and the 10-year gained 24 ticks to 105.44. The pending US employment report is the binding constraint: a softer payroll print would revive duration demand and ease KRW funding pressure, while an upside surprise pushes UST yields and USD/KRW higher and reprices the short end again.
As a Macro signal, watch whether it changes price action, volatility, or flows around KRW=X.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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