South Korea bonds edge down ahead of Q3 GDP data

SEOUL: South Korean bonds edged down on Thursday as most investors took a breather ahead of third-quarter GDP growth data scheduled to be released early on Friday.

Traders said an official warning from the government and Bank of Korea on the won's volatility placed some pressure on bond prices.

South Korea's growth in the third quarter likely held fast near a 2-year high on stimulus spending and firmer exports with the pace of recovery in Asia's fourth-largest economy seen picking up toward the end of the year.

Yield on the benchmark 10-year government bonds added 2 basis points to 3.37 percent, while lead December futures on three-year treasury bonds ended down 0.04 points at 106.03.