Seoul bond market focuses on US tariffs over employment data, as Treasury yields plunge amid trade war fears and recession concerns
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Treasury bond futures open higher in Seoul, tracking US bond strength and awaiting Bank of Korea's monetary policy meeting, amid cautious market sentiment and mixed economic indicators.
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Investors are awaiting the release of the Fed's preferred personal consumption expenditures price index (PCE) data for January, with expectations for core PCE to increase by 0.4% month-on-month and 2.8% year-on-year. #EquityMarkets #USBondYields #CorePCE #USPCEData

Equity markets saw modest declines ahead of the critical US core PCE data, while US bond yields remained flat following Wednesday's dip. The S&P 500 index closed yesterday down by 0.2%, and futures trading showed a steady trend in the morning. US 10-year bond yields dropped by four basis points to 4.266% on Wednesday and are currently at 4.274%. #EquityMarkets #USBondYields #CorePCE #USPCEData