July 9, 2024

Seoul shares close higher ahead of Fed chairman’s testimony

Seoul shares closed slightly higher Tuesday as investors awaited a congressional testimony by Federal Reserve Chairman Jerome Powell this week. The local currency gained against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI…

S. Korean Bond Yields on Jul. 9, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.201 3.209 -0.8

2-year TB 3.159 3.161 -0.2

3-year TB 3.114 3.119 -0.5

10-year TB 3.191 3.212 -2.1

2-year MSB 3.137 3.139 -0.2

3-year CB (AA-) 3.572 3.580 -0.8

91-day CD 3.560 3.570 -1.0

(EN…