South Korea's central bank has released its data on the financial market trends for July.<br />It shows.... the ongoing trade war between the world's two superpowers affected local markets yet again.<br />Kim Hyesung has the details. <br /> The Bank of Korea says the country's three-year treasury yields moved lower on heightened external uncertainties stemming from the escalating U.S.-China trade spat. <br />Yields fell zero-point-zero-eight percent from two-point-two percent between end of May to the end of June...remained at two-point-one percent through the end of July...then fell slightly to two-point-zero-seven percent as of Wednesday. <br />The central bank attributed the smaller fall in three-year treasury bond yields to expectations of a possible rate hike in July, which would've lifted the bond yield.<br />The Bank of Korea, however, stood pat on its key rate...leaving it at one-point-five percent.<br /> The ten-year bond yield remains unchanged from end of June....at two-point-five-six percent as of Wednesday. <br /> Bank lending to Korean households saw a slower pace of growth in July than the previous month on fewer housing transactions. <br /> Lending to the corporate sector jumped by nearly five-point-two billion U.S. dollars in July on increased demand for loans from small and mid-sized companies who needed to pay their value added tax bills. <br /> As a whole, deposit-taking by banks decreased in July to a negative seven-point-seven billion dollars as firms withdrew funds to pay their first-half value added tax by the July deadline.<br />Kim Hyesung, Arirang News. <br />
