3-Year Treasury Yield Surpasses 4.1% on Surge in U.S. Interest Rates… 10-Year Yield Jumps 15bp
4 Articles
4 Articles
As the yield on the U.S. 10-year Treasury, a benchmark for global interest rates, rose to the 5.2% range, the yield on Korea's 10-year government bond also surged by 15 basis points (1 bp = 0.01 percentage point) on the 28th. Amid assessments that global demand for U.S. Treasuries is disappearing, recently, long-term 10-year and short-term 2-year U.S. Treasuries
As U.S. Treasury yields surpassed 5.2% during Korea's Chuseok holiday period, reaching their highest level since June 2007, South Korean government bonds are also showing weakness. This is because South Korean and U.S. government bond yields tend to rise and fall together. Experts are concerned that if high U.S. interest rates persist for an extended period, it could increase capital financing costs for South Korean companies and the interest bu…
(Seoul = Yonhap News) Reporter Kang Su-ji = On the morning of the 28th, government bond yields rose across the board, influenced by the sharp rise in U.S. Treasury bond yields.
Korean government bond yields rose across the board on the 28th in the wake of the surge in U.S. Treasury yields. In particular, the yield on 3-year government bonds, which are sensitive to monetary policy, surpassed 4.1%.
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