South Korea's 10-Year Bond Futures Surge 59 Ticks on July 27 as Oil Prices Fall 5.17%

According to Yonhap Infomax, on July 27, South Korea's 10-year government bond futures surged 59 ticks to 104.79 as crude oil prices fell sharply on expectations of easing U.S.-Iran tensions. The 10-year benchmark yield declined 7.4 basis points to 4.375%. WTI crude fell 5.17% to $84.69 per barrel amid reports of U.S.-Iran negotiations and a halt to American airstrikes.
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