☰

M. Continuo

S.Korean bond futures up on U.S. rally, weak shares


    SEOUL (Reuters) - South Korean treasury bond futures rose early on Monday, lifted by U.S. Treasuries' rally on tame consumer price data and weak domestic shares .

    The upside, however, was capped as investors awaited weekly bond auctions. The Finance Ministry is set to issue 10-year notes worth up to 1.5 trillion won ($1.34 billion) and the central bank will sell 5.8 trillion won in monetary stabilization bonds.

    The March treasury bond futures contract added 5 ticks to 109.60 as of 0009 GMT. Bond yields were not available yet.

    (Reporting by Seo Eun-kyung; Editing by Ken Wills)