0253 GMT [Dow Jones] Taiwan government bonds are lower on thin volume, tracking overnight weakness in U.S. Treasurys, says a local trader. "Many market participants are standing on the sidelines amid a dearth of fresh trading cues," the trader adds. The most-traded five-year bond yield rises to 1.1810% from 1.1690% Monday. The USD/TWD is little changed as importers' buying offset continued foreign fund inflows, says a local trader. The pair is at 30.537, little changed from the 30.540 level mostly traded before the local central bank's suspected intervention Monday, which lifted it to 30.606 at the close of onshore trading session, traders say. Foreign investors' net buying of local stocks hit NT$15.86 billion Monday--registering the second-highest single-day net buying so far this year. (fanny.liu@wsj.com)
(END) Dow Jones Newswires
November 10, 2014 21:53 ET (02:53 GMT)
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