General

S. Korean Bond Yields on Jul. 29, 2024

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

1-year TB 3.156 3.193 -3.7

2-year TB 3.057 3.100 -4.3

3-year TB 2.978 3.024 -4.6

10-year TB 3.046 3.108 -6.2

2-year MSB 3.040 3.078 -3.8

3-year CB (AA-) 3.434 3.482 -4.8

91-day CD 3.500 3.500 0.0

Sou…

Seoul shares extend gains late Mon. morning on rate cut hopes

Seoul shares extended gains late Monday morning on hopes for a rate cut by the U.S. Federal Reserve and robust earnings from major tech firms this week.

The benchmark Korea Composite Stock Price Index (KOSPI) added 34.33 points, or 1.26 percent, to …