South Korea's 3-Year Government Bond Yields Fall 2.1bp on July 15 Amid Softer U.S. CPI

According to Yonhapinfomax, on July 15, South Korea's government bond yields declined following softer-than-expected U.S. inflation data. The 3-year bond yield fell 2.1 basis points to 3.866%, while the 10-year yield dropped 0.6 basis points to 4.327%. U.S. June CPI posted a 0.4% monthly decline, below market expectations, fueling expectations of slower Federal Reserve rate hikes and weighing on treasury markets across Asia.
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