Korean bond ends mixed

Posted by 7Star Sunday, March 7, 2010

South Korean government bond prices ended mixed on Friday on increased selling in the afternoon on perceptions a recent rally driven by abundant cash liquidity may have been overdone. The yield on benchmark 5-year treasury bonds ended unchanged at 4.56 percent, wiping out an early 6-point drop, while the liquid 3-year treasury yield ended 2 basis points higher at 4.10 percent.

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