Markets

South Korea bonds erase gains, head down as sentiment lags

Published September 26, 2013 Updated September 26, 2013 08:01am

SEOUL: South Korean bond prices fell on Thursday, erasing earlier gains fuelled by foreign investors, as local players felt there was a lack of catalysts to push prices further up, market participants said.

A rise in Seoul shares also hurt sentiment.

The yield on the benchmark 10-year government bonds added 6 basis points to 3.46 percent, while lead December futures on three-year treasury bonds ended down 0.06 points at 105.77.