Markets

South Korea bonds up after weaker-than-expected US job data

Published August 5, 2013 Updated August 5, 2013 07:04am

SEOUL: South Korean bonds rose on Monday, tracking US treasuries after weaker-than-expected US jobs growth in July and sagging local stocks fuelled appetites for safe-haven paper.

Yield on the benchmark 10-year government bonds fell 7 basis points to 3.51 percent, while lead September futures on three-year treasury bonds ended up 0.21 points at 105.59.