Business & Finance

South Korea bonds end lower on Fed chair Yellen's interest rates remarks

Published March 20, 2014 Updated March 20, 2014 08:14am

1 min

By Shoaib Ur Rehman

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SEOUL: South Korean bonds fell on Thursday after US Federal Reserve Chair Janet Yellen's remarks overnight suggested that the central bank could start raising interest rates earlier than expected, pushing investors to adjust their positions.

Yield on the benchmark 10-year government bonds rose 2.4 basis points, while lead June futures on three-year treasury bonds ended down 0.12 points at 105.74.

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