South Korean treasury futures surged in overnight trading as international oil prices plunged 5.3%, easing inflation concerns and reviving rate cut expectations, with 3-year contracts up 12 ticks to 104.95 and 10-year contracts gaining 46 ticks to 111.46 amid hopes for Strait of Hormuz reopening.
#YonhapInfomax #TreasuryFutures #OilPrices #InflationConcerns #StraitOfHormuz #RateCutExpectations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=110227
Treasury Futures Rise on Oil Price Plunge - 3-Year Contracts Up 12 Ticks

South Korean treasury futures surged in overnight trading as international oil prices plunged 5.3%, easing inflation concerns and reviving rate cut expectations, with 3-year contracts up 12 ticks to 104.95 and 10-year contracts gaining 46 ticks to 111.46 amid hopes for Strait of Hormuz reopening.

Yonhap Infomax