Business & Finance

South Korea bonds fall on profit-taking, investors look to Fed

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SEOUL: South Korean bond prices slipped on Wednesday as investors took profits after several days of buying, while others waited for the US Federal Reserve to release its policy statement later in the global day.

Yield on the benchmark 10-year government bonds added 1.8 basis points, while lead March futures on three-year treasury bonds ended down 0.09 points at 105.58.