South Korean bonds drop as Fed may scale back

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
South Korean bonds declined on Tuesday falling for a fourth session and pushing yields due in 2016 towards the highest level in three weeks amid concerns that emerging-market demand may be reduced by the Federal Reserve decision to scale back its stimulus. The government's 2.75% bonds due June 2016 jumped two basis points to 2.89%, the most since October 14.

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