South Korea's 3-Year Government Bond Yield Falls 1.3bp to 3.732% on August 7

According to Seoul Bond Market, South Korea's 3-year government bond benchmark yield fell 1.3 basis points to 3.732% on August 7, as the market shifted to strength from an initially weaker open. The 10-year yield rose 0.5bp to 4.198%, while the 30-year yield climbed 0.1bp to 4.519%.

Foreign investors continued net buying of 3-year government bond futures, purchasing 2,063 contracts, providing support to the market. As of 11:04 a.m., the 3-year futures contract traded at 103.44, up 5 ticks, while the 10-year futures fell 3 ticks to 106.51.