Business & Finance

South Korea bonds end higher on weak stocks, gains by US treasuries

Published November 8, 2013 Updated November 8, 2013 11:52am

1 min

By Shoaib Ur Rehman

Add BRecorder as a trusted
source on Google

SEOUL: South Korean bonds ended higher on Friday, buoyed by US treasuries' gains overnight as well as an asset shift by some investors as local stocks closed at their lowest level in two months.

Yield on the benchmark 10-year government bonds was quoted at 3.492 percent, compared with Thursday's closing level of 3.512 percent.

Lead December futures on three-year treasury bonds ended up 0.05 points at 105.80.

Read Comments