Korea Benchmark Bond Yield Tops 4% as Rate-Hike Bets Grow
South Korea’s 10-year bond yield rose above 4% for the first time since late 2023, as an oil shock tied to the Iran conflict leads traders to expect bigger interest...
By Hooyeon Kim · Bloomberg Markets
South Korea’s 10-year bond yield rose above 4% for the first time since late 2023, as an oil shock tied to the Iran conflict leads traders to expect bigger interest rate hikes.