Yonhap Infomax NewsSouth Korean treasury futures plunged in early trading on March 19, with 10-year futures down 75 ticks to 110.44, as surging oil prices following reported U.S.-Israeli strikes on Iran's South Pars gas field and hawkish Fed comments from Chairman Powell drove bearish sentiment across bond markets.
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Treasury Futures Plunge on Oil Spike, Hawkish Fed - 10-Year Down 75 Ticks (Update)
South Korean treasury futures plunged in early trading on March 19, with 10-year futures down 75 ticks to 110.44, as surging oil prices following reported U.S.-Israeli strikes on Iran's South Pars gas field and hawkish Fed comments from Chairman Powell drove bearish sentiment across bond markets.