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South Korea's Government Bond Futures Decline Overnight on July 28 as Crude Oil Plunges 8%

Commodities Forex

2026-07-27 23:23:46

According to Yonhap Infomax, South Korea's 3-year government bond futures fell 3 basis points to 102.85 overnight on July 28, while 10-year bond futures dropped 9 basis points to 105.08. International crude oil prices triggered the move, with Brent crude (September contract) plummeting 8.7% to $88.36 per barrel and WTI crude (September contract) declining 7.5% to $82.61 per barrel, marking crude's largest single-day fall since mid-April. The oil collapse supported bond prices, though gains were limited by new bond issuance and corporate bond supply pressures.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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